1301 Stardust St Reno, NV 89503

This exceptional multifamily investment opportunity presents a 38-unit apartment building situated on a 0.849-acre lot in Reno, Nevada. The property, located at 1301 Stardust St., boasts a total of 29,070 square feet across two, three-story buildings, constructed in 1963. Currently operating with a low 5.26% vacancy rate and a compelling 6.16% capitalization rate, this property offers significant potential for return on investment. The property is zoned MF30 and features convenient access to the vibrant Midtown District and is near the recently developed West End Commons and Keystone Square. The property's prime location in the heart of Downtown Reno ensures strong rental demand and future appreciation potential. The APN is 006-165-09. This is a rare opportunity to acquire a well-maintained, income-producing asset in a rapidly growing urban core. The property's strong performance metrics and strategic location make it an ideal addition to any investment portfolio. This is a turnkey investment opportunity ready for immediate income generation.