Listed by Chris McCain of DL Realty
Turnkey 6-unit apartment building with an in place 5.35 cap rate. No renovations needed, simply raise rents to an already proven market rate to achieve a 6.8 proforma cap rate. 1987 Construction. New roof in 2022 and fresh exterior paint in 2023 courtesy of the previous owner. Three new mini-split heating / cooling units, a new 50 year deck, security camera system, and almost all appliances have been replaced since the current owner facilitated extensive renovations in 2024 and 2025. All apartments have in-unit washer & dryer hookups. Ample tenant parking with 10 spaces. Units are individually metered for gas & electricity. Owner pays water, sewer, and trash. APOD and Rent Roll available upon request.

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Property Details of 2308 Wedekind

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Based on information submitted to Northern Nevada Regional MLS as of November 5, 2026 6:56 AM EST. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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