Zoned Multifamily Income
For Sale
Contact for pricing
Pending
125 Johnson Ln, Fernley, NV 89408
Well-maintained multifamily property with below-market long-term rents and MF-30 zoning supporting up to 30 units per acre.
Property SizeContact for details
Days on Market121
Property Features for 125 Johnson Ln
General Information
Standard status
Pending
Property subtype
Multifamily
Zoning
MF30
Building Details
Tenancy
Multi
Listing Agency:
Cardin Realty
(775) 690-5348
Listed By:
Kellie Flodman · License #NV 0038999
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Apr 11 at 6:38PM
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 Cardin Realty
Investment Insights
Based on property information with market context.
This well-maintained multifamily investment features long-term tenants currently paying below market rent, with new tenant rents noted at $1,100 per month. The seller also indicates additional related inventory available for a combined total of six units.
The property is zoned MF-30, which allows for up to 30 units per acre. Public remarks also reference a vacant lot in the middle that could support additional units.
Information provided focuses on the existing rental income and the MF-30 zoning capacity for additional development, which may be useful for investors evaluating both current cash flow and future site options within the multifamily zoning framework.
The property is zoned MF-30, which allows for up to 30 units per acre. Public remarks also reference a vacant lot in the middle that could support additional units.
Information provided focuses on the existing rental income and the MF-30 zoning capacity for additional development, which may be useful for investors evaluating both current cash flow and future site options within the multifamily zoning framework.
Key Highlights
- Long‑term tenants currently pay below‑market rent.
- New tenant rent is $1,100 per month.
- MF‑30 zoning allows up to 30 units per acre.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
407
Businesses Nearby
Explore this area
Business Placement
Demographics for 89408, NV
23,201
Population
9,039
Households
2.6
Avg Household Size
37
Median Age
16%
College-Educated
91%
High-School Grad
464.1 sq mi
ZIP Area
50
Density / Sq Mi
$87,723
Median Household Income
$46,808
Median Earnings
$1,504
Median Rent
$352,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained multifamily property with below-market long-term rents and MF-30 zoning supporting up to 30 units per acre.
Where is this apartment building located?
The property is located at 125 Johnson Ln Fernley, NV.
What are key features of this property?
This property features: Long‑term tenants currently pay below‑market rent.; New tenant rent is $1,100 per month.; MF‑30 zoning allows up to 30 units per acre.
