843 10th ST, Sparks, NV 89431
$550,000
Est. payment /mo
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0.29 Acres Lot
Active

843 10th ST Sparks, NV 89431

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Kyle Krch

Kyle Krch

+1(775) 276-5858

UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Prater Addition To Sparks

MLS Listing ID 260010991

Annual Tax Amount $725

Lot Size 0.290 Acres

Acres 0.29

Lot Dimensions 0.29

Property Description

RARE, SHOVEL-READY MULTIFAMILY DEVELOPMENT OPPORTUNITY! Skip the lengthy planning and entitlement process and step into a project that is planned, approved, permitted, and ready to build. This property offers the opportunity to develop a brand-new 10-unit apartment project featuring ten 1-bedroom units, each designed with its own private laundry room, along with dedicated on-site parking for every unit. The property is being sold for LAND VALUE ONLY, and the existing residence is considered a tear-down to make way for the approved development. For a builder, developer, or investor looking to move quickly, much of the difficult upfront work has already been completed. With plans and permits in place, this is an opportunity to take an approved project and move directly toward construction of a thoughtfully designed 10-plex and future income-producing asset.

Location

State NV

County Washoe

Community Prater Addition To Sparks

Area Prater Addition To Sparks

Zoning Mud

Exterior

Utilities Available Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available

View Y/N No

Building

Lot Description Corner Lot

Water Public

Schools

Elementary Schools Mitchell

Middle Schools Dilworth

High Schools Sparks

Others

Tax ID 031-371-11

Acceptable Financing 1031 Exchange, Cash

Listing Terms 1031 Exchange, Cash

Special Listing Condition Agent Owned

Listed by Dickson Realty - Downtown

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Kyle Krch

Kyle Krch

Broker Associate License ID: 56206

+1(775) 276-5858

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843 10th ST