Apartment Building Near
For Sale
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1055 Oak St, Reno, NV 89503
55-unit apartment property with studio, one-, and two-bedroom units adjacent to the University of Nevada, Reno.
Property SizeContact for details
Days on Market124
Property Features for 1055 Oak St
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Multifamily Units
55
Listing Agency:
Marcus & Millichap - Reno
Listed By:
Ryan Rife · License #NV: S.0170980
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 22 at 2:09PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Reno
Investment Insights
Based on property information with market context.
Oak Manor & Angel Street Apartments is a 55-unit multifamily property offering studio, one-, and two-bedroom apartments. The asset is presented for sale as a stabilized income property with described opportunities for additional operational improvements.
The property is immediately adjacent to the University of Nevada, Reno (UNR) campus, positioning it in very close proximity to a major higher-education tenant base. The offering remarks also reference Truckee Meadows Community College as being less than 10 minutes away.
While specific unit mix, renovation scope, and program details are not provided in the materials, the offering highlights potential upside tied to a utility bill back program and an interior renovation program.
The property is immediately adjacent to the University of Nevada, Reno (UNR) campus, positioning it in very close proximity to a major higher-education tenant base. The offering remarks also reference Truckee Meadows Community College as being less than 10 minutes away.
While specific unit mix, renovation scope, and program details are not provided in the materials, the offering highlights potential upside tied to a utility bill back program and an interior renovation program.
Key Highlights
- 55‑unit apartment property with studio, one-, and two‑bedroom units
- Located immediately adjacent to the University of Nevada, Reno (UNR) campus
- Close to Truckee Meadows Community College, less than 10 minutes away
Property Analytics
Property Profile
Current Use
Lease Details
55
Residential units
Location Intelligence
Trade Area within ½ mile
1,945
Businesses Nearby
Explore this area
Business Placement
Demographics for 89503, NV
28,737
Population
13,938
Households
2.1
Avg Household Size
33
Median Age
36%
College-Educated
91%
High-School Grad
6.2 sq mi
ZIP Area
4,635
Density / Sq Mi
$66,956
Median Household Income
$37,352
Median Earnings
$1,336
Median Rent
$441,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 55-unit apartment property with studio, one-, and two-bedroom units adjacent to the University of Nevada, Reno.
Where is this apartment building located?
The property is located at 1055 Oak St Reno, NV.
What are key features of this property?
This property features: 55‑unit apartment property with studio, one-, and two‑bedroom units; Located immediately adjacent to the University of Nevada, Reno (UNR) campus; Close to Truckee Meadows Community College, less than 10 minutes away
