661 Lake

Reno NV
On the Market
Property Type :
Apartments
Year Built :
2021
Property Size :
296 Units

Overview

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.

Property Summary

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.

Location

Located in downtown Reno, just one block from I-80 and two blocks from the UNR campus, 661 Lake’s unmatched location offers immediate access to UNR classrooms and athletic facilities, as well as Reno’s premier shopping, dining, and entertainment destinations. This accessibility demonstrates the site’s high Walk Score of 82, which ranks the site as “Very Walkable.”

Map

Documents

If you are interested in obtaining more information from HFF, please execute the confidentiality agreement below. HFF will review the signed agreement and contact you as soon as possible.

Contact Information

Stephen Skok150 North Riverside Plaza
Suite 2500
Chicago, IL 60606
P: 3125283681
F: 3125283680

sskok@ct.hfflp.com
Scott Clifton150 North Riverside Plaza
Suite 2500
Chicago, IL 60606
P: 3123007286
F: 3125283651

sclifton@ct.hfflp.com
Riley McChesney150 North Riverside Plaza
Suite 2500
Chicago, IL 60606
P: 3123007292
F: 3125283651

rmcchesney@ct.hfflp.com