About This Home

This 0-bedroom, 0-bathroom commercial at 2060 W College Parkway in Carson City, NV is listed for $16,750,000 ($89 per sqft). Built in 1982, the home offers 187,439 sqft of living space on a 4.30 acres lot.

Key Features

  • Built in 1982
  • 4.30 acre lot
  • 2 stories

Property Details

2 stories
1982

Amenities

A/C
Listing Description

UNIQUE TURNKEY INVESTMENT OPPORTUNITY: 207-UNIT MULTIFAMILY ASSET IN NW CARSON CITY, NEVADA! | Located on 4.3 acres near Western Nevada College & I-580 (just 20 mins to Reno), this stabilized community is predominantly occupied by working adults & seniors.

| PROPERTY LAYOUT: 6 total buildings. The 5 two-story residential buildings feature 207 private bed/bath suites arranged in efficient 4-bed "quad" layouts with shared full kitchens. | The dedicated single-story building serves as the central operations hub, housing the main office, on-site laundromat, a management unit, and a maintenance shop complete with a roll-up door and additional storage.

| EXCEPTIONAL CAPITAL EXPENSES & PROACTIVE MAINTENANCE: Showcasing the true pride of a proactive and caring ownership, this property benefits from a consistent, hands-on approach to maintenance. Major capital has been deployed to ensure long-term physical stability, including over 250,000 in capitalized improvements in 2025 (full exterior paint & extensive concrete/asphalt repairs), plus NEWER ROOFS on all 6 buildings.

Most units feature updated hardwood laminate floors. The owner recently modernized the keying system across all units-enabling management to instantly rekey and change locks on-site. Proactive, annual preventive maintenance on every individual AC unit and annual health and safety for fire and CO2 detectors, including annual battery replacements.

| STABLE REVENUE & ALL-INCLUSIVE UTILITIES: Units are actively leasing at 850/mo. Rent covers all utilities (electric, gas, water, sewer, trash), creating a highly attractive all-inclusive model that drives exceptional tenant stability and retention. Additional income streams include the laundromat and optional in-room refrigerator rental fees.

Complete financial package available upon receipt of offer. | AMENITIES: Current ownership and diligent staff has created a community hub featuring a central rec room (equipped with a wet bar, vending machines, lending library & TV), outdoor BBQ/picnic areas, and a dedicated on-site JAC transit bus stop for ultimate tenant convenience. A truly turnkey asset!

Monthly Cost Estimate

$89,583/mo

20% down · 6.5% · 30 years

Principal$12,114
Interest$72,583
Insurance$4,885

Estimates only. Actual payments may vary.

Location

2060 W College Parkway

Carson City, NV 89703

University Heights

Property Details

Flooring

VariesLaminateTile - CeramicCarpet

Construction

Masonite Vertical Siding

Parking

Off StreetOn StreetParking Lot

Heating

Forced AirNatural Gas

Cooling

ElectricWall/Window Unit(s)Window Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 2060 W College Parkway is listed at $16,750,000 ($89/sqft). The estimated monthly payment is $89,582 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1982, 4.30 acre lot, 2 stories.

This property is listed by Theresa Preston.

TP

Theresa Preston

License S.178056

Agent at Select Real Estate

Listed by Select Real Estate · Broker phone: (775) 688-4800 · Broker website

MLS# 260010626· Source: Northern Nevada Regional MLS, Inc.· 100 days on PropertySimple

Copyright © 2026 Northern Nevada Regional MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2060 W College Parkway, Carson City, NV 89703

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