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960 Mark Ave , 960-966

Fallon, NV 89406
  • $800,000
  • STATUS: Active
  • ON SITE: 293 Days
  • MLS #: 230004547
UPDATED: 87 min ago
$800,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,444
    SQFT
  • $232
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1987
County:

School Information

Elementary School:
Middle School:
High School:

Description

The Mark Ave Apartments at 960 Mark Ave is a fully remodeled 4-plex located in a prime location in Fallon, NV. The property features two 1 bed 1 bath units and two 3 bed 1 bath units. Property features and renovations include all new cabinets, stainless steel appliances, LVP flooring, granite counter tops, gas forced air, new shower enclosures, in unit washer/dryer hookups, zero scape landscaping, fenced yard, and much more. Verify with your lender, but this 4-plex should also qualify for FHA financing. The property is located in Fallon, NV, which houses the Naval Air Station Fallon. The base has about 5,000 military, civilian and contractor personnel and family members. This group represents nearly 20 percent of Churchill County’s population. Naval Air Station Fallon is a sprawling installation in terms of land, encompassing approximately 241,000 land-acres. The main base covers about 8,670 acres, and the remainder is used for training ranges. NAS Fallon provides between 40 and 50 percent of Churchill County’s economic base, a 2014 report from the Governor’s Military Council concluded, noting that the most recent economic figures available (2008, State of Nevada Clearinghouse and the base itself) put the base’s total state and local economic benefit at $573 million. NAS Fallon helped diversify the economy; supported 4,000 local jobs; and added a $64 million annual payroll plus $79 million in service contracts, $17 million in state and local taxes, $34.8 million for public works, $333,000 in federal impact aid to local schools, and $1.6 million in local environmental protection through easements. Fallon is also home to the many dairy farms, alfalfa farms, cow/calf operations and more. Fallon has a diverse agricultural community with new and alternative crops such as wine grapes and teff.

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Northern Nevada Regional MLS logo © 2024 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Ink Realty. Real estate listings held by brokerage firms other than Ink Realty are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-02-27T07:20:06.64.
www.inkrealty.com/homes/139381985
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960 Mark Ave , 960-966 Fallon, NV 89406

  • Price: $800,000
  • Status: Active
  • On Site: 293 Days
  • Updated: 87 min ago
  • MLS #: 230004547
0
Beds
0
Baths
0
½ Baths
0.18
Acres
3,444
SQFT
$232
$/SQFT
1987
Built
Neighborhood:
Fallon City-Sw
County:
Churchill
Area:
Fallon City-Sw
Elementary School:
Lahontan
Middle School:
Churchill
High School:
Churchill
Property Description
The Mark Ave Apartments at 960 Mark Ave is a fully remodeled 4-plex located in a prime location in Fallon, NV. The property features two 1 bed 1 bath units and two 3 bed 1 bath units. Property features and renovations include all new cabinets, stainless steel appliances, LVP flooring, granite counter tops, gas forced air, new shower enclosures, in unit washer/dryer hookups, zero scape landscaping, fenced yard, and much more. Verify with your lender, but this 4-plex should also qualify for FHA financing. The property is located in Fallon, NV, which houses the Naval Air Station Fallon. The base has about 5,000 military, civilian and contractor personnel and family members. This group represents nearly 20 percent of Churchill County’s population. Naval Air Station Fallon is a sprawling installation in terms of land, encompassing approximately 241,000 land-acres. The main base covers about 8,670 acres, and the remainder is used for training ranges. NAS Fallon provides between 40 and 50 percent of Churchill County’s economic base, a 2014 report from the Governor’s Military Council concluded, noting that the most recent economic figures available (2008, State of Nevada Clearinghouse and the base itself) put the base’s total state and local economic benefit at $573 million. NAS Fallon helped diversify the economy; supported 4,000 local jobs; and added a $64 million annual payroll plus $79 million in service contracts, $17 million in state and local taxes, $34.8 million for public works, $333,000 in federal impact aid to local schools, and $1.6 million in local environmental protection through easements. Fallon is also home to the many dairy farms, alfalfa farms, cow/calf operations and more. Fallon has a diverse agricultural community with new and alternative crops such as wine grapes and teff.
Exterior Features

Construction Wood Frame Exterior Wood Siding Fenced Back Foundation Concrete Slab Landscaped None Parking Capacity 4 Parking Types Designated Parking Roof Composition/ShinglePitched Sprinklers None

Interior Features

1 Bedroom Baths 1 1 Bedroom Sq Ft 650 2 Bedroom Baths 0 2 Bedroom Sq Ft 0 3 Bedroom Baths 1 3 Bedroom Sq Ft 1072 4 Bedroom Baths 0 4 Bedroom Sq Ft 0 Appliances RefrigeratorOven/RangeTrash CompactorDishwasher Flooring Laminate Heating Cooling Natural GasForced Air Laundry Separate Manager Unit Baths 0 Manager Unit Bedrooms 0 Manager Unit Sq Ft 0 Stories 1 Story Studio Baths 0 Studio Sq Ft 0 Unit Features Blinds/ShadesSmoke Detector Water Heater ElectricNatural Gas Windows Double Pane

Property Features

1 Bedroom Avg Rent Per Unit 1075 1 Bedroom Units 2 2 Bedroom Avg Rent Per Unit 0 2 Bedroom Units 0 3 Bedroom Avg Rent Per Unit 1200 3 Bedroom Units 2 4 Bedroom Avg Rent Per Unit 0 4 Bedroom Units 0 Access Public Annual Debt Service 0 Annual Expenses 1300 Annual Income And Expenses Actual Annual Vacancy 0 Apod Available No Ccr Restrictions No Common Features None Documents On File Rental/Leases Facility Features Separated Meters-GasSeparate Meters-ElectricSeparate Meters-WaterSeparate Water HeatersSeparate Heating/CoolingTenant Pays Utilities Green Feature Double Pane Windows Gross Scheduled Income 54600 HUD No Multifamily Type DuplexTriplex4-Plex Net Operating Income 53300 Owners May Sell Exchange 1031ConventionalCash Sale Lease For Sale Special Condition Of Sale None Studio Avg Rent Per Unit 0 Studio Units 0 Utilities CableCity/County WaterCity SewerElectricityNatural GasTelephoneInternet AvailableCellular Coverage Avail Zoning Actual R2

Northern Nevada Regional MLS logo © 2024 Northern Nevada Regional MLS. All rights reserved.
Listing provided courtesy of RE/MAX Professionals-Reno: .

Northern Nevada Regional MLS logo © 2024 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Ink Realty. Real estate listings held by brokerage firms other than Ink Realty are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-02-27T07:20:06.64.
 
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