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The Towers at Pink Hill 1385-1395 N Virginia St 23 Unit Apartment Building For Sale Reno, NV 89503
Investment Highlights
- Within walking distance to E.L. Wiegand Fitness Center, Lawlor Events Center, Nightingale Concert Hall and much more.
- Quick access to both major highways
- The Towers at Pink Hill has 3 shopping centers within 1.5 miles, which is about a 4-minute drive
Executive Summary
DCG is pleased to present 1385 N Virginia Street, a student housing and multifamily investment opportunity ideally located adjacent to the University of Nevada, Reno.
This mixed-use property features three floors of student housing situated above active ground-floor retail and restaurant space. The offering also includes an adjacent ±6,500 square foot lot, providing potential for future development.
The residential unit breakdown is as follows:
First Floor: (2) 4 bed / 3 bath, (3) 2 bed / 2 bath, and (5) 3 bed / 3 bath units
Second Floor: (2) Studio units and (1) 2 bed / 2 bath unit
Third Floor: (3) 3 bed / 2 bath units and (7) Studio units
This property presents a strong investment opportunity in a high-demand student housing corridor with excellent walkability and proximity to campus amenities.
This mixed-use property features three floors of student housing situated above active ground-floor retail and restaurant space. The offering also includes an adjacent ±6,500 square foot lot, providing potential for future development.
The residential unit breakdown is as follows:
First Floor: (2) 4 bed / 3 bath, (3) 2 bed / 2 bath, and (5) 3 bed / 3 bath units
Second Floor: (2) Studio units and (1) 2 bed / 2 bath unit
Third Floor: (3) 3 bed / 2 bath units and (7) Studio units
This property presents a strong investment opportunity in a high-demand student housing corridor with excellent walkability and proximity to campus amenities.
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- Market Information
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Microwave
- Storage Space
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Security System
- Double Vanities
- Kitchen
- Granite Countertops
- Hardwood Floors
- Vaulted Ceiling
- High Speed Internet Access
- Refrigerator
- Oven
- Sprinkler System
- Stainless Steel Appliances
- Range
- Views
- Carpet
- Wi-Fi
- Deck
- Double Pane Windows
- Family Room
- Handrails
- Island Kitchen
- Loft Layout
- Patio
- Smoke Free
- Wheelchair Accessible (Rooms)
Site Amenities
- Video Patrol
- Furnished Units Available
- On-Site Retail
- Storage Space
- Community-Wide WiFi
- On-Site ATM
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 3 | - | 663 |
| 2+2 | 5 | - | 1,034 |
| 3+2 | 7 | - | 1,388 |
| 3+3 | 5 | - | 1,358 |
| 4+3 | 3 | - | 1,744 |
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Walk Score®
Very Walkable (79)
Bike Score®
Very Bikeable (81)
Property Taxes
| Parcel Number | 007-125-02 | Improvements Assessment | $2,473,584 |
| Land Assessment | $1,085,392 | Total Assessment | $3,558,976 |
Property Taxes
Parcel Number
007-125-02
Land Assessment
$1,085,392
Improvements Assessment
$2,473,584
Total Assessment
$3,558,976
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The Towers at Pink Hill | 1385-1395 N Virginia St
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