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207-Unit Apartment Community
For Sale
$18,100,000

2060 W College Parkway, Carson City, NV 89703

Six-building multifamily community with shared kitchens, private suites, on-site operations, and resident amenities.

Property Size187,439 SF
Lot Size4.30 Acres
Price / SF$96.56
Days on Market13

Property Features for 2060 W College Parkway

General Information

Standard status Active
Size 187,439 SF
Lot size 4.30 Acres
Property subtype Multi-Family

Site & Location

Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 207 x 1BR/1BA
Multifamily Units 207

Additional Details

Average Monthly Rent $850

Amenities

central rec room
outdoor BBQ/picnic areas
on-site JAC transit bus stop
on-site laundromat

Building Details

Year Built 1982
Buildings 6
Listing Agency: Desert Rose Realty
Listed By: LPT Realty
Source: Nevadarealestatehub
Added: Aug 19 Changed: Aug 29 Last Checked: Aug 30 at 4:29PM

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 Desert Rose Realty

Investment Insights

Based on property information with market context.

This 187,439-square-foot apartment community includes 207 private bed-and-bath suites across six buildings on 4.3 acres. Five two-story residential buildings use four-bedroom quad layouts with shared full kitchens, while a separate single-story operations building contains the management office, an on-site laundromat, a management unit, and a maintenance shop with a roll-up door and storage. The property was built in 1982, and all six buildings have newer roofs. Many suites feature updated hardwood laminate flooring, and the centralized keying system supports on-site rekeying and lock changes.

Resident amenities include a recreation room with a wet bar, vending machines, lending library, and television, along with outdoor barbecue and picnic areas. A dedicated JAC transit bus stop is located on site. Utilities provided through the all-inclusive resident model include electric, gas, water, sewer, and trash. The property is near Western Nevada College and I-580, with Reno approximately 20 minutes away.

Key Highlights

  • 207 private bed‑and‑bath suites in four‑bedroom quad layouts
  • Six buildings totaling 187,439 square feet on 4.3 acres
  • Newer roofs installed on all 6 buildings

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Law Firm HVAC Service (Bike/Boat/Book/etc) Store Hair Salon Cafe & Coffee Shop

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

207
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

379
Businesses Nearby

Demographics for 89703, NV

10,370
Population
5,119
Households
2
Avg Household Size
54
Median Age
46%
College-Educated
96%
High-School Grad
44.3 sq mi
ZIP Area
234
Density / Sq Mi
$82,237
Median Household Income
$50,522
Median Earnings
$1,038
Median Rent
$595,400
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 - Six-building multifamily community with shared kitchens, private suites, on-site operations, and resident amenities.
Where is this apartment building located?
The property is located at 2060 W College Parkway Carson City, NV.
What is the asking price?
The asking price for this property is $18,100,000.
What are key features of this property?
This property features: 207 private bed‑and‑bath suites in four‑bedroom quad layouts; Six buildings totaling 187,439 square feet on 4.3 acres; Newer roofs installed on all 6 buildings
More about this property
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