RENO, NV 89502

FIX AND FLIP IN 89502!

For a quick response, call or text Cody for any details on this DEAL! 775-297-7750

Reno, NV 89502

Property Overview:

• Type: Townhouse
• Year: 1985
• Sq Ft: 1152 Total (864 Home + Garage Conversion is 288)
• 2 Bedrooms
• 1 Bathrooms
• 1 Car Garage (Converted)
• Lot Size: .01 Acres
• Other: Storage sheds in the backyard. Garage conversion for extra square footage.

Transaction Terms:

• Escrow: Core Title, Amy Kromberg
• Closing Costs: Buyer pays all
• HOA: N/A
• COE: On or before 11/30/2026
• Occupancy: Vacant. Do Not Disturb. Coordinate Access Through Me.
• Holdback: No. Vacant at COE. 
• Personal Belongings: Yes, items will be left behind. 

Condition and Rehab:

• Photos: See 150+ Photos
• Video: See Walkthrough Video
• Home Inspection: Available Upon Request

• Interior and Exterior Paint. Flooring throughout. Fixtures. Furnace. Water Heater.
• New Kitchen. Update the bathroom. Scrape the popcorn.
• Basic landscaping cleanup Demo + Trashout.

ARV and Underwriting:

Comparables:

• 1025 Virbel Lane, Reno, Nevada 89502
• 2/1, 1984 Build, 864 Sq Ft, .07 Acre Lot
• Same home as us. Updated.
• SOLD $315k - 7/5/2024
• Click Here for Zillow Link

• 1155 Virbel Lane, Reno, Nevada 89502
• 1/1, 1981 Build, 900 Sq Ft, .01 Acre Lot
• 1 bedroom. Original.
• SOLD $295k - 1/10/2025
• Click Here for Zillow Link

Underwriting:

• Est. ARV: $295k
• Est. Rehab: $39k
• Starting Price: $202.5k