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USDA Subsidized Multifamily Property
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720 Broyles Ranch Road, Battle Mountain, NV 89820

Multifamily asset with 24 units in place and USDA rental assistance, including 1- and 2-bedroom configurations.

Property Size18,430 SF
Price / SF$135.65
Days on Market75

Property Features for 720 Broyles Ranch Road

General Information

Standard status Active
Size 18,430 SF
Property subtype Land

Additional Details

Business Included Yes
Multifamily Units 24

Building Details

Year Built 1981
Listing Agency: Coldwell Banker Excel
Listed By: Joe Brown · License #NV.195641
Source: Crexi
Added: May 27 Changed: Aug 8 Last Checked: Aug 7 at 3:54AM

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 Coldwell Banker Excel

Investment Insights

Based on property information with market context.

The property is a 24-unit multifamily complex composed of six separate quadraplex buildings. Available unit types include 1-bedroom and 2-bedroom apartments, operated under a USDA subsidized low-income housing program. The offering is subject to tenant support programs associated with USDA rental housing assistance, and it remains enrolled in those requirements while restrictions apply.

The complex is located at 720 Broyles Ranch Road in Battle Mountain, Nevada. Under the seller’s disclosures, any sale is contingent on USDA review and approval, and the property must continue to operate in accordance with applicable USDA rules, regulations, restrictions, approvals, and oversight requirements.

For buyers, this is a stabilized residential income property with tenants in place, structured within the constraints and compliance timeline of USDA subsidized housing. USDA restrictions expire on 4/16/2031, and the transaction process requires approval by majority vote from ownership partners. Prospective purchasers should account for these governance and program-contingency requirements as part of their underwriting and closing planning.

Key Highlights

  • 24‑unit multifamily property with tenants in place, providing rental housing under USDA support programs
  • USDA subsidized low‑income housing complex with sale contingent upon USDA review and approval
  • Unit mix includes 1- and 2‑bedroom units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Building Supply Law Firm Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

24
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

132
Businesses Nearby

Demographics for 89820, NV

5,226
Population
2,607
Households
2
Avg Household Size
38
Median Age
17%
College-Educated
89%
High-School Grad
2,088.6 sq mi
ZIP Area
3
Density / Sq Mi
$85,722
Median Household Income
$53,050
Median Earnings
$1,062
Median Rent
$214,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily asset with 24 units in place and USDA rental assistance, including 1- and 2-bedroom configurations.
Where is this apartment building located?
The property is located at 720 Broyles Ranch Road Battle Mountain, NV.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 24‑unit multifamily property with tenants in place, providing rental housing under USDA support programs; USDA subsidized low‑income housing complex with sale contingent upon USDA review and approval; Unit mix includes 1- and 2‑bedroom units
More about this property
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