Address
1940 Prater Way Sparks, NV
Price
$ 999,000
Property Attributes
  • MLS#210008730
  • TypeMulti-Family
  • CountyWASHOE
  • CitySparks
  • AreaSparks
  • Zip89431
  • StyleApartment Complex
  • Price$ 999,000
  • Bedrooms6
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3304
  • Lot Size0.74 Acres
Listing Provided Courtesy Of:
Call It Closed International
Data Source:
Northern Nevada Regional MLS (NNRMLS) - 203 - NV
Property Description

O P P O R T U N I T Y Project Currently this parcel is a low grade commercial building with 5 rentals in back. The cash flow info on the listing information is for that. However; sale includes all the Pre-Plan documents and Drawings, parking lot approvals, set backs, Fire Dept/TMWA approval to install fire hydrant; everything needed to erect a 30 unit 2 bedroom Apartment Complex. Current Owner will also participate in the demolition and some hand holding to get the buyer to the Full Plan Final Approval.

Elementary School
Lincoln Park Elementary School
Price History
6/19/2021 Listed $999,000

General Features

Appliances Dryer, Oven/Range, Refrigerator, Washer
Common Features Alley Access, Fire Alarm, RV Access/Parking, Storage Shed
Construction Wood Frame
Elementary School Lincoln Park
Flooring Carpet, Sheet Vinyl
Green Features None
HUD No
High School Sparks
Laundry Y/N Hook-Up, Separate, Varies Per Unit
Listing Agent 6729
Middle School Dilworth
Number of Units 6
Price Per Sq Ft 302.36
Roof Composition/Shingle, Pitched
Sprinklers None
Status ACTIVE
Status Active
Stories 1 Story
Unit # A through E + 1945 Prater
Utilities City Sewer, City/County Water, Electricity, Internet Available, Natural Gas, Telephone
Water Heater Natural Gas
Windows Metal Frame, Single Pane
Year Built 1950
Zoning 400 - General Commercial

Interior Features

1 Bedroom - # Baths 1
1 Bedroom - # Units 1
2 Bedroom - # Baths 1
2 Bedroom - # Units 2
Heating/Cooling Air Unit, Forced Air, Natural Gas
Internet Yes
Studio - # Baths 1
Studio - # Units 1
Unit Features Blinds/Shades, Drapes/Curtains, Fire Sprinklers, Furnished

Exterior Features

Acreage 0.74
Exterior Wood Siding
Fenced Back
Foundation Concrete Slab
Total Parking Capacity 15

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 89431

Price
AVG $700K
$1,000K
Visits
AVG 82
74
Year Built
AVG 1949
1950

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