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Price Reduction - New Construction
Address
1385 N Virginia Street Reno, NV
Price
$ 12,500,000
Property Attributes
  • MLS#180010728
  • TypeMulti-Family
  • CountyWASHOE
  • CityReno
  • AreaReno-Old Northwest
  • Zip89503
  • StyleApartment Complex
  • Price$ 12,500,000
  • Bedrooms40
  • Full Bathrooms9
  • Half Bathrooms0
  • Sqr Footage37551
  • Lot Size0.52 Acres
Listing Provided Courtesy Of:
Trans-Action Realty 500
Property Description

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

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
7/24/2018 Listed $15,500,000
9/10/2018 7% - $14,500,000
10/30/2018 6% - $13,750,000
1/15/2019 10% - $12,500,000

General Features

Common Features Fire Alarm, Fire Escape, Security Lighting
Construction Wood Frame
Green Features None
HUD No
Listing Status Active
Number of Units 26
Price Per Sq Ft 332.88
Status Price Reduced
Stories 4 or More
Year Built 2018
Zoning MU-UNR

Interior Features

2 Bedroom - # Baths 2
2 Bedroom - # Units 4
3 Bedroom - # Baths 3
3 Bedroom - # Units 8
4+ Bedroom - # Baths 3
4+ Bedroom - # Units 2
Appliances Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer
Flooring Concrete, Carpet, Laminate
Heating/Cooling Air Unit, Natural Gas, Forced Air
Internet Yes
Laundry Varies Per Unit
Studio - # Baths 1
Studio - # Units 9
Unit Features Balcony, Blinds/Shades, Fire Sprinklers, Furnished, Loft, Patio/Deck, Security System, Smoke Detector, Vaulted Cathedral Ceiling, Varies Per Unit, Keyless Entry
Utilities Cable, City/County Water, City Sewer, Electricity, Telephone, Internet Available
Water Heater Electric, Natural Gas
Windows Double Pane, Vinyl Frame, Wood Frame

Exterior Features

Acreage 0.52
Exterior Stucco, Metal Siding
Fenced Back
Foundation Concrete Slab
Roof Flat
Sprinklers Automatic, Drip-Back, Drip-Front, Full Sprinklers, Yes
Total Parking Capacity 19

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 89503

Price
AVG $4.6M
$12.5M
Visits
AVG 119
128
Year Built
AVG 1958
2018
Walkscore
AVG 67
67

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