Located in a prime University location, 400 University Terrace is a 16-unit boutique student living opportunity located just blocks away from the University campus. Built in 2008, the asset offers private studio apartments with private bathrooms, private balconies or patios. Each four-bedroom configuration offers a full (shared) kitchen, living room area, and washer and dryer. Community amenities offer carports, mature landscaping and scenic views of downtown Reno. Multi Family price $1,680,000 (5.24% cap rate) Land Price $305,000 Total Combined Price: $1,985,000 The sale of this asset includes the (0.200 acre) vacant land immediately adjacent to the property. Website: www.400universityterrace.com/