NV > Reno > Nv
Reno, NV 89503,1045 Riverside Dr
Reno, NV 89503,1045 Riverside Dr
Reno, NV 89503,1045 Riverside Dr
Reno, NV 89503,1045 Riverside Dr
Reno, NV 89503,1045 Riverside Dr
Reno, NV 89503,1045 Riverside Dr
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Waylon Huber

Waylon Huber

+1(775) 527-0272
$ 4,100,000
Est. payment | /mo

1 Bed

2 Baths

9,679 SqFt

Save
$ 4,100,000
Est. payment | /mo
Save

1 Bed

2 Baths

9,679 SqFt

Key Details

Property Type Multi-Family

Sub Type Apartment Complex

Listing Status Active

Purchase Type For Sale

Square Footage 9,679 sqft

Price per Sqft $423

Subdivision Nv

MLS Listing ID 250003918

Bedrooms 1

Year Built 1934

Lot Size 0.440 Acres

Acres 0.44

Property Sub-Type Apartment Complex

Property Description

Welcome to Loomis Manor at 1045 Riverside Dr, a prime multifamily investment property located in one of Reno's most sought-after areas, across from the picturesque Truckee River. This building offers an exceptional location within walking distance of Downtown Reno, the Riverwalk district, and the scenic parks along the river. It's surrounded by numerous restaurants, retail shops, and recreational opportunities, making it an ideal choice for renters looking to live in a vibrant and convenient neighborhood. This 18-unit apartment property boasts a 100% occupancy rate and is ideally located on Riverside Drive, just steps from the Truckee River and Downtown Reno. The building spans 9,679 square feet on a 0.44-acre lot and was originally constructed in 1934, with extensive renovations completed on 11 units in 2022. Residents enjoy ample parking, with a ratio of 1.86 spaces per 1,000 square feet, as well as modern kitchens, updated bathrooms, and spacious living areas. With strong value-add potential through continued renovations, the property is well-positioned to benefit from the neighborhood's ongoing growth and popularity among young professionals and families, offering investors attractive long-term rental income and appreciation prospects.

Location

State NV

County Washoe

Zoning MF30

Interior

Heating Air Unit, Natural Gas, Radiator

Cooling Air Unit, Natural Gas, Radiator

Flooring Ceramic Tile, Carpet, Laminate, Varies by Unit

Appliance Refrigerator, Oven/Range, Varies Per Unit

Laundry Common

Exterior

Exterior Feature Stucco

Fence Partial

Utilities Available City/County Water, City Sewer, Electricity, Natural Gas, Internet Available, Cellular Coverage Avail

Roof Type Flat

Total Parking Spaces 20

Building

Story 2 Story

Foundation Basement/Finished

Water Natural Gas

Level or Stories 2 Story

Structure Type Wood Frame

Schools

Elementary Schools Hunter Lake

Middle Schools Swope

High Schools Reno

Others

Tax ID 01108210

SqFt Source 9679

Special Listing Condition None

Listed by Marmot Properties, LLC
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(775) 527-0272

waylon@robinhoodrealtynv.com

750 S Grass Valley Rd suite b, Winnemucca, Nevada, 89445, USA

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1045 Riverside Dr