208 University TerReno, NV 89503

Property Details for 208 University Ter

Property size (Sq ft)

1,230 SF

Property type

Land

Description

This exceptional 19,035 sq ft lot at 208 University Terrace in Reno, Nevada (zip code 89503) presents a prime development opportunity. Currently featuring a single-family home, the property's highest and best use is multifamily development, ideally suited for apartments or student housing. Zoned MF30, this 1,230 sq ft site boasts a coveted location, offering unparalleled proximity to the University of Nevada, Reno campus and its ongoing $200 million expansion project. Its strategic position above downtown Reno provides breathtaking views of the High Sierra Mountains and places it within walking distance of the university, sorority houses, apartments, and retail establishments. The property's elevated location ensures maximum desirability and offers an exceptional investment opportunity. The asking price is $1,237,000. This is a rare chance to capitalize on the vibrant Reno market and the strong demand for housing near the university. Don't miss this chance to acquire a truly unique development site in a rapidly growing area.

Location Insight

City

Reno

County

Washoe

State

Nevada

Latitude

39.5353

Longitude

-119.819

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].