45 West Street Fernley, NV 89408

Listing agency Cardin Realty k***@aol.com Show Phone

Listed by Kellie Flodman · License #NV 0038999

Source Crexi

Added: Apr 11 Updated: Jul 22 at 8:56AM Checked: Jul 22 at 8:56AM

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Investment Insights

Based on property information with market context.

This well-maintained multifamily property in Fernley, Nevada is operating with long-term tenants paying below market rent, while new tenant rents are reported at $1,100 per month.

The property is zoned MF30, which allows for up to 30 units per acre.

The seller also has two other related properties available for a combined total of 6 units, plus a .27 vacant lot in the middle that may allow for additional units, depending on development approvals.

Key Highlights

• $1,100/month rent for new tenants (as stated)
• Long‑term tenants currently paying below market rent
• Well‑maintained multifamily asset

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FAQs

What type of property is this?

Apartment building - Well-maintained multifamily asset with rents below market for long-term tenants and $1,100/month for new tenants.

Where is this apartment building located?

The property is located at 45 West Street Fernley, NV.

What are key features of this property?

This property features: $1,100/month rent for new tenants (as stated); Long‑term tenants currently paying below market rent; Well‑maintained multifamily asset