1030 Berrum Ln, Reno, NV 89509
Multifamily property featuring 10 units.
- Added:
- Mar 23, 2026
- Days on Market:
- 107
- Last Refresh:
- Jun 28 at 8:57 pm
Property Features for 1030 Berrum Ln
General Information
- Standard status
- Active
- Size
- 10,400 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1977
Listing office CBRE Reno (775) 356-6118
Listing date Mar 23, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of CBRE Reno
HighLights
- Multifamily property with 10 units.
- Priced at $260,000 per unit.
- Built in 1977.
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $255.8k | $24.60 |
| − Vacancy | −$11.5k | −$1.11 |
| EGI | $244.3k | $23.49 |
| − OpEx | −$109.9k | −$10.57 |
| NOI | $134.4k | $12.92 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Reno
- County
- Washoe
- State
- Nevada
- Longitude
- -119.8096446
- Latitude
- 39.4936088