720 Broyles Ranch RD, Battle Mountain, NV 89820
720 Broyles Ranch RD, Battle Mountain, NV 89820
720 Broyles Ranch RD, Battle Mountain, NV 89820
720 Broyles Ranch RD, Battle Mountain, NV 89820
720 Broyles Ranch RD, Battle Mountain, NV 89820
720 Broyles Ranch RD, Battle Mountain, NV 89820
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Listed by Joe Brown • Coldwell Banker Commercial Excel
$ 2,500,000
Est. payment | /mo

1 Bath

18,430 SqFt


Save
$ 2,500,000
Est. payment | /mo
Save

1 Bath

18,430 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 18,430 sqft

Price per Sqft $135

Subdivision Zx-Other/None

MLS Listing ID 3627908

Style Multi-Level

HOA Y/N No

Year Built 1981

Annual Tax Amount $12,265

Lot Size 1.700 Acres

Acres 1.7

Property Sub-Type Commercial

Property 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.

Location

State NV

County Lander

Community Curbs, Gutter(S), Sidewalks

Area Lander County

Interior

Heating Forced Air, Natural Gas

Cooling Wall Unit(s)

Flooring Carpet, Laminate

Fireplace No

Exterior

Exterior Feature Sprinkler/Irrigation, Landscaping, Rain Gutters

Community Features Curbs, Gutter(s), Sidewalks

Utilities Available Cable Available

View Y/N Yes

Water Access Desc Public

View City, Mountain(s), Valley

Roof Type Asphalt

Building

Lot Description Lawn, Landscaped, Sprinklers Automatic

Entry Level Multi/Split

Foundation Slab

Water Public

Architectural Style Multi-Level

Level or Stories Multi/Split

Others

Tax ID 002-253-02

Schools and Properties Nearby

Dusty Shipp

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(775) 299-4123

shippgroup1@gmail.com

895 W Silver St, Elko, NV 89801, USA

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720 Broyles Ranch RD