This Multifamily Property is no longer advertised on LoopNet.com.

PRICE REDUCED!
Reno, NV 89503
400 University Terrace · Multifamily Property For Sale · 16 Units

Investment Highlights

  • Offered free and clear
  • Priced well below replacement costs at $92,187 per unit
  • Each quad configuration offers a fully shared kitchen and living room area
  • Class A location is just blocks away from the University of Nevada, Reno campus
  • Interiors boast private studio units with bathrooms, private balconies or patios

Property Facts

No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.14 AC
Building Size 4,784 SF
No. Stories 2
Year Built 2008
Zoning MF30 - Zoning Code: MF 30

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Disposal
  • Microwave
  • Washer/Dryer
  • Heating
  • Ceiling Fans
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Views
  • Wi-Fi
  • Breakfast Nook
  • Patio
  • Smoke Free
  • Vinyl Flooring
  • Window Coverings

Site Amenities

  • Individual Locking Bedrooms
  • Private Bathroom

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 16 $722.50 300

Property Taxes

Property Taxes

Parcel Number
007-201-37
Land Assessment
$68,250
Improvements Assessment
$190,206
Total Assessment
$258,456
  • Listing ID: 37771163

  • Date on Market: 9/22/2025

  • Last Updated:

  • Address: PRICE REDUCED!, Reno, NV 89503

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