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

2060 W College Parkway, Carson City, NV 89703

Commercial Sale, Carson City, NV

Property Size187,439 SF
Lot Size4.30 Acres
Price / SF$96.56
Days on Market31

Property Features for 2060 W College Parkway

General Information

Property type Commercial Sale
Property subtype Other
Zoning MFA
Parking features Parking Lot, On Street, Off Street
Security features Security Lighting
Window features Vinyl Frames, Double Pane Windows, Blinds, Aluminum Frames
Basement Unfinished
Subdivision University Heights
Lot features Corner Lot, Gentle Sloping, Sloped Up, Sprinklers In Front, Sprinklers In Rear
Directions From N Carson St (US-395), head west on W College Pkwy toward Western Nevada College. Property is on the right before Campus Way.
Standard status Active
APN 007-331-01
Size 187,439 SF
Lot size 4.30 Acres

Taxes and HOA fees

Tax Annual Amount 37489

Utilities

Utilities Phone Available
Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Electric, Window Unit(s), Wall/Window Unit(s)
Water source Public

Amenities

central rec room
wet bar
vending machines
lending library
TV
outdoor BBQ/picnic areas
on-site JAC transit bus stop
on-site laundromat

Building Details

Year built 1982
Floors in Building 2
Number of units 207
Flooring type Laminate, Carpet, Varies, Tile - Ceramic
Building materials Masonite, Vertical Siding
Roof type Asphalt
Additional Structures Residence
Listing Agency: Coldwell Banker Select Reno · Coldwell Banker Real Estate
Listed By: Theresa Preston · License #S.178056
Added: Jul 23 Changed: Aug 20 Last Checked: Aug 22 at 4:06AM
MLS# 260010626

Copyright © 2026 Northern Nevada Regional MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 207-unit apartment community occupies 4.3 acres and includes 187,439 square feet across six buildings. Five two-story residential buildings contain private bedroom-and-bath suites arranged in four-bedroom layouts with shared full kitchens. A separate single-story operations building provides the main office, management unit, laundromat, maintenance shop, roll-up door, and storage. Community amenities include a recreation room with wet bar, vending machines, lending library, and television, along with outdoor barbecue and picnic areas. Newer roofs serve all six buildings, while 2025 work included exterior painting and concrete and asphalt repairs. Many residences feature hardwood laminate flooring, and the property uses an on-site keying system with scheduled preventive maintenance for air-conditioning equipment and fire and carbon monoxide detectors.

The property is located at 2060 W College Parkway in Carson City, near Western Nevada College and I-580, with Reno approximately 20 minutes away. A dedicated JAC transit bus stop is located on site. Public water and public sewer serve the community, and utilities provided to residents include electric, gas, water, sewer, and trash.

Key Highlights

  • 207‑unit multifamily community on 4.3 acres
  • 187,439‑square‑foot property comprising 6 buildings
  • Five two‑story residential buildings with 207 private bed/bath suites in 4‑bed quad layouts

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

114
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 community with shared kitchens, on-site operations, public utilities, and resident amenity areas.
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‑unit multifamily community on 4.3 acres; 187,439‑square‑foot property comprising 6 buildings; Five two‑story residential buildings with 207 private bed/bath suites in 4‑bed quad layouts
More about this property
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