Spanish Springs is a rapidly growing, highly-desirable Reno submarket surrounded by new construction and infrastructure, including new single-family homes, retail, medical, office, etc. The Reno/Sparks market benefits from the proximity to California’s technology sector and has attracted high-profile technology and manufacturing companies into the market in recent years. The area offers an “affordable” rent alternative to the Bay Area and has emerged as a preferred housing relief valve for the Bay Area. The region needs it, workers need it, employers need it. Located less than 40 minutes to the Tesla, Apple, and Switch hubs, downtown Reno and close to multiple growing employment nodes. Employee and employment migration to Reno/Sparks was accelerating pre-Covid-19, and will continued to accelerate. Spanish Springs is a non-rent-controlled market with continued projected rent growth.