775-850-3144
1385-1395 N Virginia St, Reno, NV for Sale
Apartments - FOR SALE
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1385-1395 N Virginia St
Reno, NV 89503
West University


HIGHLIGHTS

  • Within walking distance to E.L. Wiegand Fitness Center, Lawlor Events Center, Nightingale Concert Hall and much more.
  • The Towers at Pink Hill has 3 shopping centers within 1.5 miles, which is about a 4-minute drive
  • Quick access to both major highways

OVERVIEW

DCG is pleased to present 1385 N Virginia Street, a student housing and multifamily investment opportunity ideally located adjacent to the University of Nevada, Reno. This mixed-use property features three floors of student housing situated above active ground-floor retail and restaurant space. The offering also includes an adjacent ±6,500 square foot lot, providing potential for future development. The residential unit breakdown is as follows: First Floor: (2) 4 bed / 3 bath, (3) 2 bed / 2 bath, and (5) 3 bed / 3 bath units Second Floor: (2) Studio units and (1) 2 bed / 2 bath unit Third Floor: (3) 3 bed / 2 bath units and (7) Studio units This property presents a strong investment opportunity in a high-demand student housing corridor with excellent walkability and proximity to campus amenities.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

23

CAP RATE

Request Cap Rate

% LEASED

96%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Towers at Pink Hill

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2017

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

MU-UNR

APN/PARCEL ID

007-125-13

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 Policy.