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    Property Detail

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    777 E 4th St, Reno, NV 89512, USA
    80 Room Serviced Apartment
    $9,600,000

    Description

    INVESTMENT HIGHLIGHTS

    • Prime real estate close to the Brewery District.
      •  
    • Manager suite connected to the front office
    • 80 rooms in total, 68 rooms at 200 SF, 10 rooms at 300 SF with kitchen, 2 1 bedroom apartments
      •  
    • Option for seller lease back at 5% ($480,000) under a master lease

    EXECUTIVE SUMMARY

    Seller could lease back the property at 5% ($480,000) under a master lease and would keep managing it.
     

    AMENITIES

    • High Speed Internet Access
    • Public Access Wifi
    • Fully-Equipped Kitchen

    ROOM MIX INFORMATION

    DESCRIPTIONNO. ROOMSDAILY RATESF
    Suite80$100.00
     

    PROPERTY TAXES

    Parcel Number008-243-08Improvements Assessment$623,640 (2024)
    Land Assessment$225,947 (2024)Total Assessment$849,587 (2024)

     

    Kevin Sigstad

    Phone +1 775-828-3700

    Mobile +1 775-745-2074

    Fred Jayet

    Phone +1 775-828-3700

    Mobile +1 775-842-4225

    Specification

    General

    • 30684
    • 1.2400
    • Investment
    • MUDR
    • 1954
    • 80

    Financials

    • 5.20

    Hospitality

    Rancho 777 Residence

    Listing ID : 00241

    SKU: 241

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