Firm Buying More than 1,000 Apartments in Reno, Sparks

Firm buying more than 1,000 apartments in Reno, Sparks

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Kidder Mathews Brokers $14M Sale of LEV Apartments in Reno

LEV Apartments, located at 1617 North Virginia Street in Reno, Nevada, sold for $14,000,000 to a private real estate investment firm from Sacramento, California. Kidder Mathews Senior Vice President and Shareholder Ben Nelson, CCIM represented both the buyer and seller. The 42,996 -square-foot multifamily property sits on 2.6 acres of land and has 129 units […] The post Kidder Mathews Brokers $14M Sale of LEV Apartments in Reno appeared first on…

Kidder Mathews Arranges $14M Sale of LEV Apartments in Reno, Nevada

RENO, NEV. — Kidder Mathews has arranged the sale of LEV Apartments, a multifamily property located at 1617 N. Virginia St. in Reno. A Sacramento, Calif.-based private real estate investment firm acquired the asset from a student housing developer for $14 million. Situated adjacent to the University of Nevada, Reno, LEV Apartments features 128 studio/one-bath units and a one-bedroom/one-bath unit all with shared kitchen areas. At the time of sal…