Multifamily Repositioning Opportunity in
1901 South Virginia Street Reno, NV 89502
For Sale
$42,000,000
Multifamily repositioning with upgrades. High demand workforce housing.
Days on Market144
Property Features for 1901 South Virginia Street
General Information
Standard status
Active
Property subtype
Multifamily
Listing Agency:
NAI Alliance | Reno
(775) 250-5001
Listed By:
Brian Egan, CCIM · License #NV #BS.1000906
(775) 250-5001
Source:
Naiglobal
Added: Mar 6
Changed: Jul 6
Last Checked: Jul 27 at 2:36AM
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 NAI Alliance | Reno
Investment Insights
Based on property information with market context.
This multifamily repositioning project by Repvblik Development Group features upgrades to electrical, plumbing, and life-safety systems to meet multifamily standards. Designed to address Reno’s demand for workforce housing, the remodeled studios are priced affordably. Construction is scheduled for completion in early October 2023, and pre-leasing has commenced. One of the properties is located at 1901 S Virginia Street in downtown/MidTown, with proximity to Highway 395/I-580. The other property is located at 1400 Stardust Street in northwest Reno, near Interstate 80.
Key Highlights
- Newly remodeled studios designed for workforce housing.
- Affordably priced to meet high demand.
- Multifamily compliant upgrades to electrical, plumbing, and life‑safety systems.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily repositioning with upgrades. High demand workforce housing.
Where is this apartment building located?
The property is located at 1901 South Virginia Street Reno, NV.
What is the asking price?
The asking price for this property is $42,000,000.
What are key features of this property?
This property features: Newly remodeled studios designed for workforce housing.; Affordably priced to meet high demand.; Multifamily compliant upgrades to electrical, plumbing, and life‑safety systems.
