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21680788
21680789

2 Locations

RR
NV BS.146909.MGR
KW Commercial - Group 1, Inc.
Listed by KW Commercial - Group 1, Inc.
$2,195,000
86 days on market
Updated 70 days ago

108 Unit Multi-Family Development Opportunity

Details
APN 033-241-01, 032-152-16
Property Type Land
Sub Type Commercial, Residential
Broker Co-Op Yes
Acreage 0.910
Zoning MUD

Land | 0.91 acres

Marketing description

KW Commercial is pleased to offer this 108-unit multifamily-entitled development site nestled in the heart of Sparks, NV. The property includes entitled land for the development of two, four-story buildings, with 124 parking spaces in a secured garage. 3 AC-FT of water rights, sewer fee credits, and RTC credits are included. An extensive due diligence file is available, and a fully engineered, permit-ready plan set is included. The MUD zoning and prime location offer a unique opportunity for the planned multi-family development, mixed-use retail, or office.

With close proximity to major thoroughfares and a short walk to the bustling downtown Sparks core, residents can conveniently access Victorian Square entertainment and restaurant venues, as well as Sparks' many renowned events, such as the Rib Cook-Off and Hot August Nights. The Sparks Marina and The Outlets at Legends are just a few minutes away. Proximity to I-80 and U.S. 395 ensures seamless connectivity to surrounding areas, including the University of Nevada, Tahoe-Reno Industrial Center, Lake Tahoe, Fernley, Carson City, and beyond.

Investment highlights

  • 108-unit multifamily-entitled development site

  • Fully engineered, permit ready plan set

  • Two parcels totaling 0.91 AC

  • All Utilities Available On-Site

  • 3 AC-FT Water Rights & Sewer Fee Credits

  • Zoned MUD - Multifamily, Retail, Office

Listing Contacts

RR
NV BS.146909.MGR
KW Commercial - Group 1, Inc.
Listed by KW Commercial - Group 1, Inc.

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Additional Information

Name
Ricci Rodriguez-Elkins
License
BS.146909.MGR
Brokerage
Keller Williams Group One, Inc
Title
Broker Salesperson-Manager
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