Listing Agency: Reno Show Phone

Listed By: Ben Nelson · License #S.0170734 Show Phone

Source: Colliers

Added: Aug 22 Changed: Aug 28 Last Checked: Aug 28 at 6:58AM

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Investment Insights

Based on property information with market context.

This 12-unit multifamily property occupies 2.17 acres in Washoe Valley, Nevada. The apartment building is offered for sale as a standalone asset at 155 Esmeralda Dr, with the property address identifying the location within the Washoe Valley market.

Key Highlights

• 12 apartment units
• 2.17‑acre property
• Located at 155 Esmeralda Dr, Washoe Valley, NV 89704

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Hair Salon Spa & Massage Center Nail Salon Restaurant Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12

Residential units

Location Intelligence

Trade Area within ½ mile

83

Businesses Nearby

Explore this area Business Placement

Demographics for 89704, NV

4,503

Population

1,937

Households

2.3

Avg Household Size

54

Median Age

26%

College-Educated

91%

High-School Grad

76.4 sq mi

ZIP Area

59

Density / Sq Mi

$110,363

Median Household Income

$53,189

Median Earnings

$608,500

Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

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Frequently Asked Questions

What type of property is this?

Apartment building - Multifamily property on a 2.17-acre parcel in Washoe Valley, Nevada.

Where is this apartment building located?

The property is located at 155 Esmeralda Dr Washoe Valley, NV.

What is the asking price?

The asking price for this property is $2,600,000.

What are key features of this property?

This property features: 12 apartment units; 2.17‑acre property; Located at 155 Esmeralda Dr, Washoe Valley, NV 89704