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1947-1949 H St
Sparks, NV 89431 Downtown Sparks

$1,299,000 USD

Apartments For Sale • 4,392 SF

Property Details

Property Type Apartments
Total Building Size 4,392 SF
Lot Size 0.34 AC
Building Class C
Year Built 1962
Cap Rate 6.27 %
Zoning MUD

0 Transit Score

80 Walk Score

                
                    Highlights
                
                                100% Fully Leased & Stabilized 6 Plex in the Heart of Sparks
                            
                                Four 2 bed / 1 bath units and Two 1 bed/ 1 bath units
                            
                                Ideal 1031 Exchange Replacement Property
                            
                                Existing Improvements: ±4,382 SF residential structures
                            
                                Total Lot Size: ±0.345 acres (±15,028 SF)

Financial Summary (Actual)

Net Operating Income: $81,422 USD (2025)

Cap Rate:	6.27 %
Total Expenses:	$20,578 USD

Amenities

24 Hour Access
Dishwasher
Microwave
Washer/Dryer
Trash Pickup - Curbside
Tile Floors
Refrigerator
Range
Carpet
Double Pane Windows
Freezer
Smoke Detector

Public Transportation

Commuter Rail	Drive	Walk	Distance
Reno (California Zephyr - Amtrak)	7 min	-	3.3 mi
Airport	Drive	Walk	Distance
Reno/Tahoe International	26 min	-	7.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Corry Castaneda 775-745-2194 Chase International

1947-1949 H St Sparks, NV 89431 Downtown Sparks