Located in a prime University location, 400 University Terrace is a 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 cost 1,985,000. The sale of this asset includes the (0.200 acre) vacant land immediately adjacent. Website: www.400universityterrace.com/