Multi-housing / PRS

661 Lake

661 Lake St Reno, Nevada United States 89501

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N/A

NOI Net Operating Income N/A

Cap Rate N/A

Asking Price Contact for pricing

N/A

NOI Net Operating Income N/A

Cap Rate N/A

Documents

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Key Facts

Year Built

2021

Property Description

The Project, designed by Solomon Cordwell Buenz, features 219 luxury micro-units and best-in class student housing for 656 beds. When completed, the first-rate multifamily development will have a myriad of indoor and outdoor amenities including a resort-style pool, stand-alone fitness studio, and two secured lobbies for micro-unit and student housing residents.

Investment Highlights

HFF has been retained on an exclusive basis by Scenic Investments, K Giles LLC, and Redstone Residential (collectively the “Sponsor”) to present a fully-entitled investment opportunity for the development of a 416 unit, Class-A student housing and microunit development located at 661 North Lake Street in Reno, NV (the “Project” or 661 Lake”). The site is located within a qualified opportunity zone, and is steps from both downtown Reno and the University of Nevada, Reno (“UNR”) campus.

Last Updated Date: 14 Apr 2020

Scott Clifton

Director, Capital Markets

License details

IL-475.17091

+601800819387

Riley McChesney

Analyst

+601800819387

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Last Updated Date: 14 Apr 2020