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Property profile & analytics
OFF-MARKET
Residential income homes

270 Union Mills Rd Sun Valley, NV 89433

1,856 SF 0.45 ac lot Built 1977
Property ID
Property summary
AI-generated overview

This Sun Valley, Nevada investment opportunity presents a 0.45-acre corner lot at 270 Union Mills Rd, zip code 89433, offering significant income potential. The property features a 1,856 square foot, four-bedroom, two-bathroom manufactured home built in 1977, currently ready for lease. Recent updates include a new roof, updated flooring, a new furnace, and fresh paint. The home boasts an oversized two-car garage, a carport, two separate driveways, and two yards with mature trees and landscaping. Washoe County zoning allows for a second dwelling unit up to 928 square feet, providing the opportunity to expand the property's rental income. This redevelopment project allows for the construction of an additional unit, which could be stick-built, manufactured, or even a prefab/tiny home. The asking price for this multifamily property is $379,000. This single-story building sits on a large lot, presenting a unique chance to generate rental income while developing the additional unit.

Property profile
Verified
Property type Residential income homes
Year built 1977
Total area 1,856 SF
Lot 0.45 ac (19,602 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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