Property Description

UNIQUE TURNKEY INVESTMENT OPPORTUNITY: 207-UNIT MULTIFAMILY ASSET IN NW CARSON CITY, NEVADA! | Located on 4.3 acres near Western Nevada College & I-580 (just 20 mins to Reno), this stabilized community is predominantly occupied by working adults & seniors. | PROPERTY LAYOUT: 6 total buildings. The 5 two-story residential buildings feature 207 private bed/bath suites arranged in efficient 4-bed “quad” layouts with shared full kitchens. | The dedicated single-story building serves as the central operations hub, housing the main office, on-site laundromat, a management unit, and a maintenance shop complete with a roll-up door and additional storage. | EXCEPTIONAL CAPITAL EXPENSES & PROACTIVE MAINTENANCE: Showcasing the true pride of a proactive and caring ownership, this property benefits from a consistent, hands-on approach to maintenance. Major capital has been deployed to ensure long-term physical stability, including over 250,000 in capitalized improvements in 2025 (full exterior paint & extensive concrete/asphalt repairs), plus NEWER ROOFS on all 6 buildings. Most units feature updated hardwood laminate floors. The owner recently modernized the keying system across all units—enabling management to instantly rekey and change locks on-site. Proactive, annual preventive maintenance on every individual AC unit and annual health and safety for fire and CO2 detectors, including annual battery replacements. | STABLE REVENUE & ALL-INCLUSIVE UTILITIES: Units are actively leasing at 850/mo. Rent covers all utilities (electric, gas, water, sewer, trash), creating a highly attractive all-inclusive model that drives exceptional tenant stability and retention. Additional income streams include the laundromat and optional in-room refrigerator rental fees. Complete financial package available upon receipt of offer. | AMENITIES: Current ownership and diligent staff has created a community hub featuring a central rec room (equipped with a wet bar, vending machines, lending library & TV), outdoor BBQ/picnic areas, and a dedicated on-site JAC transit bus stop for ultimate tenant convenience. A truly turnkey asset!

Features
UTILITIES:
Internet Available, Cellular Coverage, Phone Available, Electricity Connected, Sewer Connected, Water Connected, Natural Gas Connected
Xstreet/Directions
Address Map
Country:
US
State:
NV
County:
Carson City
City:
Carson City
Area:
University Heights
Zipcode:
89703
Street:
College
Street Number:
2060
Floor Number:
0
Longitude:
W120° 12' 44.6''
Latitude:
N39° 11' 13.8''
Additional Info
Office Name:
Coldwell Banker Select Reno
Agent Name:
Theresa Preston
PhotoTimestamp:
08-17-2026 20:42:18
Status Detail:
Active
Status Date:
08-17-2026
Agent ID:
12223
Listing Office 1:
341-o
Contract Date:
07-23-2026
Sold Price:
$0
Update Date:
08-17-2026 20:42:39
Stories:
2
CIC Dues:
$0
Parcel #:
007-331-01
Search Price:
$0
Price Per SQFT:
$0

Commercial Sale Residential

2060 College, Carson City, Nevada 89703

4.30 Acre
$18,100,000
Listing ID #260010626
Basic Details
Property Type :
Commercial Sale
Listing Type :
Residential
Listing ID :
260010626
Serial Number :
20260722212450768063000000
Price :
$18,100,000
View :
Trees
Year Built :
1982
Lot Area :
4.30 Acre
Status :
Active
Agent info
Silver State Homes of Nevada
4600 Kietzke Lane, Ste O-269, Reno, NV 89502
Contact Agent