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475 E Cedar Street

Fernley, NV 89408
  • $5,275,000
  • STATUS: Active
  • ON SITE: 38 days
  • MLS #: 210008865
Price Reduced
UPDATED: 50 min ago
$5,275,000
  • 0
    BEDS
  • 1.58
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 19,392
    SQFT
  • $272
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2001
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Cedarwood Flats built in 2001, this quality built multifamily asset is located in a rapidly changing and gentrifying area in the heart of downtown Fernley comprised of 32, one bedroom/one bath units, Cedarwood offers an on-site laundry room, on-site and street parking and mature landscaping. Within immediate proximity is the Fernley Main Library, Western Nevada Community College Fernley Campus, City of Fernley offices, the United States Post Office, Millennium Park, Fernley Elementary and Middle Schools.

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© 2021 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Theresa Nelson Real Estate | REMAX Professionals. Real estate listings held by brokerage firms other than Theresa Nelson Real Estate | REMAX Professionals are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-08-01T14:19:44.183.
www.nevada.properties/homes/118622325
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475 E Cedar Street Fernley, NV 89408

  • Price: $5,275,000
  • Status: Active
  • Updated: 50 min ago
  • MLS #: 210008865
0
Beds
0
Baths
0
½ Baths
1.58
Acres
19,392
SQFT
$272
$/SQFT
2001
Built
Neighborhood:
Fernley
County:
Lyon
Area:
Fernley
Elementary School:
Fernley
Middle School:
Fernley
High School:
Fernley
Property Description
Cedarwood Flats built in 2001, this quality built multifamily asset is located in a rapidly changing and gentrifying area in the heart of downtown Fernley comprised of 32, one bedroom/one bath units, Cedarwood offers an on-site laundry room, on-site and street parking and mature landscaping. Within immediate proximity is the Fernley Main Library, Western Nevada Community College Fernley Campus, City of Fernley offices, the United States Post Office, Millennium Park, Fernley Elementary and Middle Schools.
Exterior Features

Construction Wood Frame Exterior Wood Siding Fenced None Foundation Concrete Slab Landscaped Yes-Full Parking Capacity 32 Parking Types Designated Parking Roof Composition/ShinglePitched Sprinklers None

Interior Features

1 Bedroom Baths 32 1 Bedroom Sq Ft 606 2 Bedroom Baths 0 2 Bedroom Sq Ft 0 3 Bedroom Baths 0 3 Bedroom Sq Ft 0 4 Bedroom Baths 0 4 Bedroom Sq Ft 0 Appliances DishwasherDisposalOven/RangeRefrigerator Flooring CarpetSheet Vinyl Heating Cooling Evap CoolingNatural Gas Laundry Common Manager Unit Baths 0 Manager Unit Bedrooms 0 Manager Unit Sq Ft 606 Stories 1 Story Studio Baths 0 Studio Sq Ft 0 Unit Features Blinds/ShadesSmoke Detector Water Heater Natural Gas Windows Double PaneVinyl Frame

Property Features

1 Bedroom Avg Rent Per Unit 1005 1 Bedroom Units 32 2 Bedroom Avg Rent Per Unit 0 2 Bedroom Units 0 3 Bedroom Avg Rent Per Unit 0 3 Bedroom Units 0 4 Bedroom Avg Rent Per Unit 0 4 Bedroom Units 0 Access Public Annual Debt Service 199740 Annual Expenses 110997 Annual Income And Expenses Actual Annual Vacancy 0.02 Apod Available No Common Features None Documents On File Financial Statements Facility Features Separate Heating/CoolingSeparate Meters-ElectricSeparate Meters-WaterSeparate Water HeatersSeparated Meters-Gas Green Feature Double Pane Windows Green Features None Gross Scheduled Income 378000 HUD No Multifamily Type Apartment Complex Net Operating Income 272073 Owners May Sell CashConventionalOwner Carry 1st Special Condition Of Sale None Studio Avg Rent Per Unit 0 Studio Units 0 Utilities CableCity SewerCity/County WaterElectricityInternet AvailableTelephone Zoning Actual Mf15

© 2021 Northern Nevada Regional MLS. All rights reserved.
Listing provided courtesy of Solid Source Realty.

© 2021 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Theresa Nelson Real Estate | REMAX Professionals. Real estate listings held by brokerage firms other than Theresa Nelson Real Estate | REMAX Professionals are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-08-01T14:19:44.183.
 
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Theresa Nelson Real Estate | REMAX Professionals
5905 S Virginia Street
Reno NV, 89502