780 Lander St.

780 Lander St., Reno NV 89509

— For Sale —


Size +/- 4,820 SF

Land Size +/- 0.161 AC

Property Information

Property Overview

780 Lander Street has been recently remodeled and consists of 7 total units, located in the Old SW part of Reno’s MidTown District. The property was built in 1963 offers six 1 bedroom, 1 bath units and one 4 bed, 2.5 bath, 2 car garage unit. Other features include well maintained landscaping, newer roof with transferable material warranty, and remodeled interiors. What a great opportunity to acquire a nice multifamily asset in Reno’s MidTown District with big upside in rents.

Reno, NV is growing at an unprecedented rate with new developing areas including the Neon Line District, the Reno Experience District, MidTown, the Riverwalk District and the expansion of Renown Regional Medical Center and the VA Hospital. According to the 2nd Quarter 2021 Apartment Survey by Johnson Perkins Griffin, the vacancy for the submarket that the subject property is located in is 0.56%.