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6-Unit Apartment Building

1950 A Street, Sparks, NV 89431

For Sale
Contact for pricing

The Sparks property is near freeway access, shopping, casinos, and transportation.

Property SizeContact for details
Days on Market38

Property Features for 1950 A Street

General Information

Standard status Active
Property subtype Multifamily
Zoning MUD

Additional Details

Highway Access Yes
Multifamily Units 6
Listing Agency: KRISTI CORPORATION
Listed By: Kristi Giudici · License NV B20127
Source: Crexi
Added: Oct 7 Changed: Nov 12 Last Checked: Nov 12 at 4:56AM

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 KRISTI CORPORATION

Rey
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Investment Insights

Based on property information with market context.

This six-unit apartment property is in Sparks, within an area zoned MUD. Downtown Sparks’ Victorian Square development is three blocks to the west, and the property is in front of the Nugget.

Freeway access, shopping, casinos, and transportation are nearby.

Key Highlights

  • Six‑unit apartment property
  • Located in an area zoned MUD
  • Three blocks west of development at Victorian Square in downtown Sparks

Property Analytics

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Lease Details

6
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

950
Businesses Nearby

Demographics for 89431, NV

40,219
Population
16,858
Households
2.4
Avg Household Size
35
Median Age
14%
College-Educated
76%
High-School Grad
9.2 sq mi
ZIP Area
4,372
Density / Sq Mi
$64,496
Median Household Income
$39,589
Median Earnings
$1,276
Median Rent
$332,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in Washoe County, NV

$335 Jul
$316 Aug
$319 Sep
$320 Oct

Properties on Market for Apartment buildings in Washoe County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - The Sparks property is near freeway access, shopping, casinos, and transportation.
Where is this apartment building located?
The property is located at 1950 A Street Sparks, NV.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Six‑unit apartment property; Located in an area zoned MUD; Three blocks west of development at Victorian Square in downtown Sparks
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Includes: Price & PSF · Cap rate · Location · Zoning

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