Multi-housing / PRS

661 Lake

661 Lake St Reno, Nevada United States 89501
Asking Price Contact for pricing
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

Confidentiality Agreement Teaser
I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

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
Scott Clifton
Senior Director, Capital Markets
Broker Licenses
IL-475.17091
+60 (3) 9212 7772
Riley McChesney
Analyst
+60 (3) 9212 7772
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+60 (3) 9212 7772
Last Updated Date: 14 Apr 2020

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