About 250 W Commercial Row
Seller financing is available, and seller would prefer to sell as a portfolio with Sparks Studios (2150 Victorian Ave). With seller financing terms for both assets, buyer would cash flow and potential cash on cash could be around 8%. Welcome to The Townsite Motel in Reno, NV, an excellent investment opportunity located adjacent to the brand new J Resort and the revitalized Neon Light District. The motel offers 14 units, each thoughtfully designed to accommodate short-term rentals.
Features of 250 W Commercial Row
| MLS® # | 240008176 |
|---|---|
| Price | $1,800,000 |
| Square Footage | 3,696 |
| Acres | 0.12 |
| Year Built | 1959 |
| Type | Multi-family |
| Sub-Type | Apartment Complex |
| Status | Active |
Community Information
| Address | 250 W Commercial Row |
|---|---|
| City | Reno |
| County | Washoe |
| State | NV |
| Zip Code | 89501 |
Amenities
| Amenities | Alley Access |
|---|---|
| Utilities | Cable, City Sewer, Electricity, City/County Water, Internet Available |
| Features | Smoke Detector |
| Parking Spaces | 11 |
| Parking | Common |
| Has Pool | No |
Interior
| Appliances | Refrigerator, Microwave |
|---|---|
| Fireplace | No |
| Stories | 2 Story |
Exterior
| Exterior | Stucco, Brick |
|---|---|
| Windows | Double Pane, Single Pane |
| Roof | Flat |
| Construction | Masonry |
| Foundation | Basement/Unfinished |
Additional Information
| Date Listed | June 28th, 2024 |
|---|---|
| Zoning | MD-ED |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Address Income |
|---|