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600 Crossing Cir
Gardnerville, NV 89410
600 Crossing - 8 plex · Multifamily Property For Sale · 8 Units

Investment Highlights

  • Excellent 1031 Exchange or Portfolio Acquisition Opportunity
  • New Construction with Private Attached Garages
  • Eight Modern Apartment Homes Built for Long-Term Performance

Executive Summary

This offering presents the opportunity to acquire a newly constructed eight-unit multifamily apartment building located within the desirable Crossing Circle development in Gardnerville, Nevada. Designed with today’s renter in mind, the property features spacious residences, attached garages, modern construction, and a location within one of Northern Nevada’s strongest rental markets.
Situated in the heart of Carson Valley, the property provides convenient access to Carson City, Lake Tahoe, Reno, healthcare, shopping, and major employment centers. Continued population growth, limited multifamily inventory, and strong rental demand position this asset as an attractive long-term investment.
Whether purchased as a standalone investment or together with adjacent multifamily assets, the property offers investors an opportunity to acquire a high-quality apartment building in an established and growing market.

Property Facts

Price Per Unit $374,750
Sale Type Investment
Cap Rate 4.60%
Sale Conditions
1031 Exchange
  • Bulk/Portfolio Sale
Gross Rent Multiplier 14.5
No. Units 8
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Apartments
Apartment Style Low-Rise
Building Class C
Lot Size 0.22 AC
Construction Status Under Construction
Building Size 11,520 SF
Average Occupancy 0%
No. Stories 2
Year Built 2026
Parking Ratio 0.17/1,000 SF
Zoning MFR - Multifamily Residential zoning supporting the existing 8-unit apartment building. Buyer to verify zoning and permitted uses with Douglas County.

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Disposal
  • Washer/Dryer Hookup
  • Heating
  • Kitchen
  • Oven
  • Carpet
  • Double Pane Windows

Property Taxes

Property Taxes

Parcel Number
1220-04-602-019
Land Assessment
$70,000
Improvements Assessment
$72,946
Total Assessment
$142,946
  • Listing ID: 41226524

  • Date on Market: 7/9/2026

  • Last Updated:

  • Address: 600 Crossing Cir, Gardnerville, NV 89410

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