Save

ImagesMap

PreviousNext

Go to image in carousel

Go to image in carousel

Go to image in carousel

Go to image in carousel

Go to image in carousel

Go to image in carousel

Go to image in carousel

Go to image in carousel

Go to image in carousel

Go to image in carousel

Go to image in carousel

Go to image in carousel

Go to image in carousel

Go to image in carousel

Go to image in carousel

Go to image in carousel

Go to image in carousel

Go to image in carousel

Go to image in carousel

Go to image in carousel

Go to image in carousel

Go to image in carousel

Go to image in carousel

Go to image in carousel

PreviousNext

Description

Investment opportunity with tenants in place offering cash flow. Property includes 24 units across six separate quadraplex buildings, with 1- and 2-bedroom units. The property currently operates as USDA subsidized low-income housing under the USDA Rural Development (RD) Section 515 program and remains subject to applicable federal regulations through 4/16/31, when the current RD loan term expires. Buyer cannot prepay loan, loan effective rate is 1%.Prospective buyers and any new management company (if current PM is not retained) require PRIOR RD review and approval. Ownership and management must maintain compliance with RD administration requirements through 4/16/31. Buyers should review the applicable RD handbook for transfer requirements or go to for instructions on how to initiate the RD buyer approval process. Seller reserves the right to continue marketing the property, review alternative offers, and negotiate terms until ownership and USDA approvals have been obtained and closing documents are fully executed. No offer, LOI, draft agreement, or executed PSA shall be deemed accepted until executed by the Seller. Seller evaluating all Cash offers and not accepting seller financing options.

Details

Features

Interior

Exterior

Utilities

Location

Other

Taxes

MLS  : 3627908

Listings Provided By: Office Staging Realty - (775) 777-5311 

Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of October 15, 2026 at 9:52:09 PM UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.