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521 Sinclair
Reno, NV 89502 Midtown Reno

$1,925,000 USD

Apartments For Sale  •  3,840 SF

Property Details

  • Property Type Apartments
  • Total Building Size 3,840 SF
  • Lot Size 0.16 AC
  • Building Class C
  • Year Built 1984
  • Cap Rate 4.87 %
  • Zoning MUSV
50 Transit Score
80 Walk Score

Highlights

5.95% ProForma Cap Rate
Outstanding MidTown Location & Nearby Redevelopment
Investor-Friendly Tax Environment
Strong Rental History
Fully Renovated

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $114,623 USD (2026)
Cap Rate: 4.87 %
Total Expenses: $32,368 USD

Public Transportation

AirportDriveWalkDistance
Reno/Tahoe International 25 min - 5.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 12
Type: Surface
Included in Rent: Yes
Ryan Rife 775-348-5226 Marcus & Millichap
Ryan Rife 775-348-5226 Marcus & Millichap