Every quarter, the Dickson Commercial Group releases a report about Reno/Sparks multifamily real estate activity. Using several key data sources, the report covers multifamily sales, apartment rental data, and construction activity. It offers a unique and comprehensive overview of the Reno/Sparks market for multifamily owners and investors.
Reno/Sparks Multifamily Sales in Q2 2019
The second quarter of 2019 saw several large Reno/Sparks multifamily sales, for a total of 323 units sold. Of those, more than 60% came from the sale of Skyline Canyon Apartments at 3300 Skyline Blvd. The other three sales totaled 119 units in East Reno, on properties on Kirman Avenue, Mill Street, And Locust Street.
In Midtown and Downtown Reno areas, activity…