Incredible opportunity to acquire 3.03 acres zoned MF-30 that would allow for approximately 91 apartment units. The current nonprofit ownerships plan was to build 22 single family houses for Truckee Meadows Habitat for Humanity. Those plans could be available to a potential Buyer. Utilities are to the site, and some site work, engineering, and survey work has been completed.
The site is within the North Valley Reno Submarket. This submarket is very popular with residents given its proximity to the area’s major warehousing, bus lines, and a blend of new national retail and local, established retail sites. The neighborhood is a mix of work force housing, both single family and apartments. This location provides residents with easy access to Hwy 395, Military Road, and Virginia Street.