Hidden Investments South of Reno

Most investors think Reno. Some think Sparks. Almost no one thinks Gardnerville.

I recently helped a duplex investor shift their search from Reno to Gardnerville. Here’s what they found:

• Newer construction by 30 to 40 years
• Equal or better returns
• Strong tenant demand
• Lower maintenance costs
• Less buyer competition

The deal:
A clean side-by-side duplex built in the early 2000s with attached garages. Both units rented quickly at $1,650 per month. And it generates over a 5% return (better than most Reno/Sparks duplexes.)

And none of it was even on their radar.

At Address Income, we analyze every active 2 to 4 unit property in Northern Nevada. Not just the price, but the return, the rentability, the neighborhood, and what makes something undervalued.

Gardnerville is one of the strongest outlier markets we’ve seen. And it’s not alone.

If you’re tired of fighting over the same deals in the same zip codes, let’s talk.