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Carson City Multifamily Development Site

Gs Richards Blvd, Carson City, NV 89703

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6.20-acre site with approved plans for 177 multifamily units.

Property SizeContact for details
Lot Size6.20 Acres
Days on Market957

Property Features for Gs Richards Blvd

General Information

Standard status Active
Lot size 6.20 Acres
Property subtype Land
Listing Agency: CBRE Reno
Listed By: Ben Galles · License #47543
Source: Crexi
Added: Mar 27, 2024 Changed: Oct 25 Last Checked: Oct 25 at 10:36PM

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 CBRE Reno

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Investment Insights

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Located in north Carson City, Nevada, this 6.20-acre site is planned for the future Silver Oak Apartments, near the Carson Tahoe Regional Medical Center and the Silver Oak Golf Course. Approved plans are in place for 177 multifamily units and one clubhouse, totaling 189,896 sq ft across five buildings. The unit mix includes 93 one-bedroom units, 60 two-bedroom units, and 24 three-bedroom units. The location offers easy access to Interstate 580 and N Carson Street, facilitating commutes to Reno-Sparks area and access within Carson City. It is one mile from the Carson Tahoe Regional Medical Center and a short walk to the Silver Oak Golf Course. The surrounding community features professional and medical offices, along with upper middle-class single-family homes. Situated within the North Carson City submarket, the site provides access to Carson City. The location is next to the Silver Oak Golf Course. The surrounding community is part of the Silver Oak Planned Unit Development, comprising middle to upper middle-class single-family homes. Residents can enjoy golf, walking, biking, and hiking trails with mountain range views. The area attracts residents seeking quality of life and affordable housing, with a healthy rental market due to limited housing inventory. Carson City provides a commute to Reno, Minden, Garnerville, Douglas, South Lake Tahoe, and the Tahoe Reno Industrial Center, contributing to a thriving rental market in northern Nevada.

Key Highlights

  • Approved plans for 177 multifamily units, ready for development.
  • High demand for Class A apartments in Carson City.
  • Excellent location with easy access to Interstate 580 and N Carson Street.

Property Analytics

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Location Intelligence

Trade Area within ½ mile

495
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
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 6.20-acre site with approved plans for 177 multifamily units.
Where is this residential land & home lot located?
The property is located at Gs Richards Blvd Carson City, NV.
What is the asking price?
The asking price for this property is $6,018,000.
What are key features of this property?
This property features: Approved plans for 177 multifamily units, ready for development.; High demand for Class A apartments in Carson City.; Excellent location with easy access to Interstate 580 and N Carson Street.
(775) 750-6429 Call to check price and availability
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