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3 Multifamily Complexes Portfolio 3 Multifamily Properties Offered at $14,000,000 in Reno, NV
INVESTMENT HIGHLIGHTS
- High Occupancy rate
EXECUTIVE SUMMARY
This Offering is both unique in its nature and its opportunity. The Sellers are liquidating their Multifamily
assets in the Reno area. The primary Trustee passed away in January of 2024. The managing member of the
Trust has assumed control and wishes to sell the Assets and disperse the proceeds to the heirs. The
properties are all free and clear of any financial mortgage or liens of any kind. This is not a distressed, forced
or mandatory sale. Existing Rents appear to be below market standards.
RENO, NV • MULTIFAMILY PORTFOLIO • $14,000,000.00
#1 Harvard Apartments #2 Sierra West Apartments #3 Manhattan Apartments
assets in the Reno area. The primary Trustee passed away in January of 2024. The managing member of the
Trust has assumed control and wishes to sell the Assets and disperse the proceeds to the heirs. The
properties are all free and clear of any financial mortgage or liens of any kind. This is not a distressed, forced
or mandatory sale. Existing Rents appear to be below market standards.
RENO, NV • MULTIFAMILY PORTFOLIO • $14,000,000.00
#1 Harvard Apartments #2 Sierra West Apartments #3 Manhattan Apartments
PROPERTY FACTS
| Price | $14,000,000 | Number of Properties | 3 |
| Price / SF | $193.99 / SF | Individually For Sale | 0 |
| Sale Condition | Bulk/Portfolio Sale | Total Building Size | 72,170 SF |
| Sale Type | Investment | Total Land Area | 3.38 AC |
| Status | Active |
| Price | $14,000,000 |
| Price / SF | $193.99 / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 72,170 SF |
| Total Land Area | 3.38 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Harvard Apartments
1001 Harvard Way, Reno, NV 89502 |
Multifamily | 39,700 SF | 1964 | - |
|
Sierra West Apartments
1380 Riley Ave, Reno, NV 89502 |
Multifamily | 19,190 SF | 1992 | - |
|
Manhattan Place Townhomes
930 Manhattan St, Reno, NV 89512 |
Multifamily | 13,280 SF | 1993 | - |
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VIDEOS
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3 Multifamily Complexes Portfolio
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