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listing
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LandFor Sale
$1,149,000
1035 N Sierra St
Reno, NV 89503
Courtesy of NVG Properties LLC
MLS: Northern Nevada Regional MLS
7,841Sq Ft
Est. Mortgage
$6,031/mo

Prime Multi-Family Infill Lot Near UNR! (MF) zoning districts are eligible for a density BONUS! Therefore this .18-acre flat lot comes with preliminary architectural site plan for 28-unit midrise apartment complex. UNR area has an overlay on this LOT only requiring a 50% parking ratio which shows in the plans. Water & sewer for 13 units already approved, adding significant value. Owner financing available w/interest-only payments at slightly below market rates for a term of approximately three years.2 CURB CUTS allowing access from Sierra St. And Access from Oak Street. No value given to small existing structure (Tear Down). Current account for sewer and water shows billing for 13 units. Buyer would only have to pay for 15 more. 2 CURB CUTS allowing access from Sierra St. And Access from Oak Street. No value given to small existing structure (Tear Down). Current account for sewer and water shows billing for 13 units. Buyer would only have to pay for 15 more.

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Information courtesy of NVG Properties LLC is subject to verification and is not guaranteed.
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