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24-Unit Apartment Property
For Sale
$2,500,000

720 Broyles Ranch Road, Battle Mountain, NV 89820

CommercialSale, Battle Mountain, NV

Property Size18,430 SF
Lot Size1.70 Acres
Price / SF$135.65
Days on Market137

Property Features for 720 Broyles Ranch Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning description C
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Exterior features IrrigationSprinklers, Landscaping, RainGutters
Subdivision ZX-Other/None
Lot features Lawn, Landscaped, Sprinklers Automatic
View Valley, Mountains, City
Standard status Active
APN 002-253-02
Size 18,430 SF
Lot size 1.70 Acres

Taxes and HOA fees

Tax Annual Amount 12265

Utilities

Heating system Forced Air, Natural Gas
Cooling system Wall Unit(s)
Water source Public

Building Details

Year built 1981
Floors in Building 2
Flooring type Laminate, Carpet
Building materials VinylSiding
Roof type Asphalt
Architectural style Other
Listing Agency: Coldwell Banker Commercial Excel · Coldwell Banker Real Estate
Listed By: Joe Brown · License #S.0195641
Added: May 26 Changed: Oct 9 Last Checked: Oct 9 at 10:06PM
MLS# 3627908

Copyright © 2026 Elko County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Six quadplex buildings contain 24 apartments with one- and two-bedroom layouts. The property totals 18,430 square feet on 1.7 acres and was built in 1981. Exterior features include vinyl siding, landscaping, irrigation sprinklers, and rain gutters. Heating is forced air with natural gas; cooling is provided by wall units.

The apartments operate as USDA Rural Development Section 515 housing and are subject to program requirements through 4/16/31, when the current loan term expires. The loan cannot be prepaid. USDA Rural Development review and approval are required for prospective buyers and for any new management company if the existing property manager is not retained. Ownership and management must continue to meet program requirements through that date.

Key Highlights

  • 24 apartments across six quadplex buildings
  • One- and two‑bedroom unit layouts
  • 18,430 square feet on 1.7 acres

Property Analytics

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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

Location Intelligence

Trade Area within ½ mile

135
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Occupied one- and two-bedroom apartments operate through the USDA Rural Development Section 515 program.
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 apartments across six quadplex buildings; One- and two‑bedroom unit layouts; 18,430 square feet on 1.7 acres
More about this property
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