720 Broyles Ranch Road,Battle Mountain, NV 89820
Battle Mountain, NV 89820
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
| MLS # | 3627908 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1981 |
| Days On Site | 112 |
| Listing Provided By | Coldwell Banker Commercial Excel | Joe Brown |
Features
| Bath(s) | 1 |
|---|---|
| SQ Feet | 18,430 |
| Zoning | C |
| Acreage | 1.70 |
| Property View | Yes |
Interior
| Cooling Yes / No | Yes |
|---|---|
| Cooling | Wall Units |
| Heating Yes / No | Yes |
| Heating | Forced Air, Natural Gas |
Exterior
| Exterior Features | Sprinkler Irrigation, Landscaping, Rain Gutters |
|---|---|
| Roof | Asphalt |
| Construction Materials | Vinyl Siding |
| Foundation Details | Slab |
| Lot Features | Lawn, Landscaped, Sprinklers Automatic |
Utilities
| Utilities | Cable Available |
|---|
Location
| Community Features | Curbs, Gutters, Sidewalks |
|---|
Other
| List Aor | Elko County Association Of Realtors |
|---|
Taxes
| Property | 12265 |
|---|
Area Information
| State | NV |
|---|---|
| County | Lander |
| City | Battle Mountain |
| Zip Code | 89820 |
| Area | Lander County |
| Subarea | Battle Mountain |
| Community Name | ZX Other/None |
| Listing VS Median (in ZX Other/None) | |
Price: $2,500,000 low | high Med: $369,900 sqft: 18,430 low | high Med: 1,241 $ / sqft: $136 low | high Med: $298 On site: 112 low | high Med: 14 | |
Market Activity 89820
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Learn More About This Property
| State | NV |
|---|---|
| County | Lander |
| City | Battle Mountain |
| Zip Code | 89820 |
| Area | Lander County |
| Subarea | Battle Mountain |
| Community Name | ZX Other/None |
| Listing VS Median (in ZX Other/None) | |
Price: $2,500,000 low | high Med: $369,900 sqft: 18,430 low | high Med: 1,241 $ / sqft: $136 low | high Med: $298 On site: 112 low | high Med: 14 | |