An exceptional 40-unit value-add multifamily asset in the heart of Sparks, Nevada.
An exceptional 40-unit value-add multifamily asset in the heart of Sparks, Nevada.
An exceptional 40-unit value-add multifamily asset in the heart of Sparks, Nevada.
PREMIER MULTIFAMILY ASSET IN SPARKS
$6.2M
SALES PRICE
40
Units
Please register to gain access to the due diligence documents.
Kidder Mathews is pleased to present this offering for The Villagio Apartments, an exceptional value-add multifamily asset in Sparks, Nevada.
Built in 1979, the Villagio Apartments is a resplendent example where quality has been met with pride of ownership. Situated near a growing retail corridor, it is within walking distance to Paradise Plaza, Walgreens, Grocery Outlet, and many dining options. It is also on the RTC bus line making transportation easily accessible. Within proximity to Villagio are several family-friendly venues such as Teglia’s Paradise Park, Ardmore Park, and the Oddie District. It is also just a few miles from the Sparks Marina.
Several Washoe County schools are in proximity including Bernice Mathews Elementary School (1.1 miles), Risley Elementary School (0.6 miles), and Sparks Middle School (0.6 miles).
The University of Nevada, Reno, a Tier One University, is rapidly growing and projects a total student population of 25,000 by the year 2030, is just 3.2 miles away while Truckee Meadows Community College is just 3.4 miles away.
Located in proximity is Reno-Tahoe International Airport, which is only four miles away. The Reno economy continues to experience rapid growth with Tesla, Switch Digital, Google, along with more than 160 businesses relocating their operations to the TRI Center (Tahoe Reno Industrial Center), all propelling the momentum.