Description
Turnkey investment opportunity in the highly desirable Donovan Ranch community of Spanish Springs. This spacious 5-bedroom, 2.5-bath home offers over 3,000 square feet of well-maintained living space, currently generating $5,000 monthly rental income with a freshly signed 12-month lease in place. Built in 2015, this modern home features an open-concept floor plan, updated flooring, a main living area centered around a fireplace, and a kitchen that flows seamlessly into the dining and living spaces. The covered patio and expansive lot offer additional appeal, while oversized parking, EV charging, and a low-maintenance LMA-managed community make this an easy asset to manage. The location offers convenient proximity to USA Parkway and the Tahoe-Reno Industrial Center, home to major employers including Tesla, Panasonic, Amazon, and Google. The property is also near parks, trails, shopping, dining, Pyramid Lake, and Lake Tahoe. This property combines size, functionality, and location for investors seeking a well-established Northern Nevada community with strong rental demand. Tenant-occupied property. Do not disturb occupants. Contact listing agent for showing instructions or schedule through ShowingTime.
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5BEDS
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0.34ACRES
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2BATHS
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11/2 BATHS
School Information
Description
Turnkey investment opportunity in the highly desirable Donovan Ranch community of Spanish Springs. This spacious 5-bedroom, 2.5-bath home offers over 3,000 square feet of well-maintained living space, currently generating $5,000 monthly rental income with a freshly signed 12-month lease in place. Built in 2015, this modern home features an open-concept floor plan, updated flooring, a main living area centered around a fireplace, and a kitchen that flows seamlessly into the dining and living spaces. The covered patio and expansive lot offer additional appeal, while oversized parking, EV charging, and a low-maintenance LMA-managed community make this an easy asset to manage. The location offers convenient proximity to USA Parkway and the Tahoe-Reno Industrial Center, home to major employers including Tesla, Panasonic, Amazon, and Google. The property is also near parks, trails, shopping, dining, Pyramid Lake, and Lake Tahoe. This property combines size, functionality, and location for investors seeking a well-established Northern Nevada community with strong rental demand. Tenant-occupied property. Do not disturb occupants. Contact listing agent for showing instructions or schedule through ShowingTime.
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