Building Details

Year Renovated 2024

Listing Agency: Pounder Realty LLC g***@pounderrealty.com Show Phone

Listed By: Grayson Pounder · License #OR 200008193

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 3:36AM

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Investment Insights

Based on property information with market context.

This apartment property has received several significant physical improvements. Unit interiors have been modernized, the roof was replaced in 2024, and the parking area was newly paved with asphalt. Together, these updates provide a refreshed condition across the building and its principal site improvements.

The property is located at 207 Hillcrest Drive in Reno, near Virginia Lake, the Reno Entertainment District, and Midtown. Its setting places the apartments near established dining, entertainment, and lifestyle destinations within the city.

Key Highlights

• 2024 roof installation
• Modernized apartment interiors
• Newly paved asphalt parking area

Property Analytics

Property Profile

Current Use

Hillcrest Apartments Apartment Building

Suggested Use

Top Pick Electrical Service Butcher Locksmith (Bike/Boat/Book/etc) Store Clothing & Fashion Store Travel Agency

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

Location Intelligence

Trade Area within ½ mile

1,910

Businesses Nearby

Explore this area Business Placement

Demographics for 89509, NV

34,817

Population

18,290

Households

1.9

Avg Household Size

44

Median Age

50%

College-Educated

95%

High-School Grad

8.8 sq mi

ZIP Area

3,956

Density / Sq Mi

$81,751

Median Household Income

$47,546

Median Earnings

$1,443

Median Rent

$670,700

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 with refreshed interiors, a 2024 roof, and newly paved asphalt parking.

Where is this apartment building located?

The property is located at 207 Hillcrest Dr Reno, NV.

What are key features of this property?

This property features: 2024 roof installation; Modernized apartment interiors; Newly paved asphalt parking area