1385 N Virginia Street, Reno, 89503

REDUCED 9% Multi-family - Apartment Complex For Sale

$12,500,000

Beds
Baths
37,551Sqft
.52Acres
2018Built
MLS® #: 180010728
Active

Prime Investment/development properties in an OPPORTUNITY ZONE. Student housing complex and house next door for sale. Both buildings are located directly across the street from the growing University of Nevada, Reno campus. The Towers at Pink Hill finished new construction in 2018. The Towers is made of 23 furnished units (54 beds) with commercial ground floor. This investment allows for continued development/growth of the project. House next door address: 1349 N. Virginia is a 3bd/1bh, 1,088sf, 0.126 acres

Essential Information

MLS® #: 180010728
Price: $12,500,000
Square Footage: 37,551
Acres: 0.52
Year Built: 2018
Type: Multi-family
Sub-Type: Apartment Complex
Status: Active

Community Information

Address: 1385 N Virginia Street
Area: Reno-Old Northwest
City: Reno
County: Washoe
State: NV
Zip Code: 89503

Amenities

Amenities: Fire Alarm, Fire Escape, Security Lighting
Utilities: City/County Water, City Sewer, Electricity, Cable, Telephone, Internet Available
Features: Blinds/Shades, Fire Sprinklers, Patio/Deck, Smoke Detector, Balcony, Furnished, Loft, Security System, Vaulted Cathedral Ceiling, Varies Per Unit, Keyless Entry
Parking Spaces: 19
Parking: Attached

Interior

Appliances: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer
Stories: 4 or More

Exterior

Exterior: Stucco, Metal Siding
Windows: Wood Frame, Double Pane, Vinyl Frame
Roof: Flat
Construction: Wood Frame
Foundation: Concrete Slab

Additional Information

Date Listed: July 24th, 2018
Zoning: MU-UNR

Listing Details

Listing Office: Trans-Action Realty 500

Financials

$/SqFt: $333

The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS. Real estate listings held by brokerage firms other than Sierra Nevada Properties are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage.

The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

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Listing information last updated on April 20th, 2019 at 4:11pm PDT.