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Property profile & analytics
OFF-MARKET Estimated value $520,000
Apartment buildings

450 Willow Way Fernley, NV 89408-7527

11,140 SF 0.61 ac lot Built 1999
Individually Owned 7-yr Hold ~ Est. High Equity
Property ID
US62-0896126
Property profile
Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1999
Total area 11,140 SF
Lot 0.61 ac (26,572 SF)
Zoning code MF30
APN 020-102-13
UPID US62-0896126
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
AI Approach AI
$365k
CAP Approach CAP
by Request
Comparable Approach Comparable
$677k
Blend (final) Blend
$520k
Owner & transaction history
Linda C Machado · 7 yrs held
Linda C Machado
since 2019
4 recorded transactions
2019
Price N/A
2015
$671,571
2013
Price N/A
1969
Price N/A
Zoning & alternative use
MF30 · Fernley, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

MF30, residential multifamily - 30 dwelling units per acre. (1) Purpose. This district is intended to preserve areas for high density multifamily housing types, even though single-family detached and limited nonresidential uses are allowed to meet the diverse needs of residents. Projects in this district are encouraged to provide amenities to offset the impa…

Zone name Residential Multiple Family 30 Dwelling Unit Per Acre Maximum
General category RESIDENTIAL
Zone area 158.22 ac
Source code of ordinances
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