Double R represents a rare South Reno infill development opportunity and part of the Lucas Residential Portfolio. The property features a preliminary site plan designed for 352 multifamily units and is surrounded by BLM land with direct access to an extensive hiking trail system. Residents will enjoy premium, unobstructed views of the South Reno Valley and the Sierra Nevada mountains while benefiting from a highly accessible location just minutes from South Reno's major employment centers, medical offices along Reno Corporate Drive, premier retail services, Meadowood Mall, and Interstate 580. The site is also conveniently located near both Northern Nevada Medical Center and Renown Health facilities. Positioned within one of Northern Nevada's strongest multifamily markets, the property benefits from high rental rates, low vacancy levels, and an affluent surrounding housing market with average new home prices of approximately $876,000, supporting long-term demand for quality multifamily housing.