1133 Buena Vista Ave - Apartments FOR SALE


Reno, NV 89503- West University
$3,700,000 USD
775-850-3144
1133 Buena Vista Ave, Reno, NV for Sale
$3,700,000 USD
Apartments - FOR SALE
1/15
null | 5.38% Cap Rate

1133 Buena Vista Ave
Reno, NV 89503
West University


HIGHLIGHTS

  • Better known as the Manzanita Manor apartment complex.
  • Ideal for student-housing.
  • Potential for rent increases.

OVERVIEW

DCG is pleased to present 1133 Buena Vista Ave for sale. This well-located multifamily asset sits just off North Sierra Street and North Virginia Street, offering excellent proximity to the University of Nevada, Reno. The property features a freestanding three-story apartment building situated above a secured ground-floor parking garage. The units are turn-key, benefitting from recent interior renovations that include updated flooring, modern kitchen cabinetry, and refreshed common areas. This clean, well-maintained complex provides strong appeal for both student and workforce housing demand in the surrounding area.

FOR SALE DETAILS

PRICE

$3,700,000 USD

PRICE/SF

$378 USD /SF

# OF UNITS

32

PRICE/UNIT

$115,625

CAP RATE

5.38%

% LEASED

78%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Manzanita Manor

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1981

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

MF30

APN/PARCEL ID

007-114-08

ASK ABOUT THIS PROPERTY

Chris Shanks, CCIMDickson Commercial GroupMore Info
775-850-3144

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Chris Shanks, CCIMDickson Commercial GroupMore Info
775-850-3144

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.