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Investment Highlights

  • Close to Silver Oak Golf Course and Carson Tahoe Regional Medical Center
  • Short distance to Reno, South Lake Tahoe, and Tahoe Reno Industrial Center
  • Level site
  • Popular North Carson location
  • Entitled for 177 apartment units

Executive Summary

The current plan has for 93 one bed units, 60 two bed units and 24 three bed units. Carson City has seen significant growth from companies such as Redwood Materials and others and demand for class A apartments in the region is very significant. The site is very popular and boasts easy access to Interstate 580 and N Carson Street, making access to all of Carson City easy along with the shortest commute to the Reno – Sparks area from the Carson Valley. The location is one mile away from the Carson Tahoe Regional Medical Center and less than a 4 minute walk to the Silver Oak Golf Course. The surrounding community is a mix of professional and medical office and
upper middle-class single-family homes.

Property Facts

Price $8,230,818 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Apartment Units
Total Lot Size 6.20 AC
Cross Streets Silver Oak Dr
Zoning RCP - Approved plans for multifamily development

1 Lot Available

Lot

Price $8,230,818 CAD
Price Per AC $1,327,551.37 CAD
Lot Size 6.20 AC

The 6.20 acre site located in north Carson City, NV will be the future Silver Oak Apartments near the Carson Tahoe Regional Medical Center and the Silver Oak Golf Course. The pad has approved plans for 177 multifamily units and one clubhouse.

Description

The 6.20 acre site located in north Carson City, NV will be the future Silver Oak Apartments near the Carson Tahoe Regional Medical Center and the Silver Oak Golf Course. The pad has approved plans for 177 multifamily units, and one clubhouse, totaling 189,896 built out sq ft. over five total buildings. The current plan has for 93 one bed units, 60 two bed units and 24 three bed units. Carson City has seen significant growth from companies such as Redwood Materials and others and demand for class A apartments in the region is very significant. The site is very popular and boasts easy access to Interstate 580 and N Carson Street, making access to all of Carson City easy along with the shortest commute to the Reno – Sparks area from the Carson Valley. The location is one mile away from the Carson Tahoe Regional Medical Center and less than a 4 minute walk to the Silver Oak Golf Course. The surrounding community is a mix of professional and medical office and upper middle-class single-family homes. The site is located with the North Carson City submarket which offers residences great access to all of Carson City. The site is next door to Silver Oak Golf Course, voted Carson City’s best course. The surrounding community is part of the Silver Oak Planned Unit Development and is made up of middle to upper middle class single-family homes both track homes and custom homes. The community offers golf, walking, biking, and hiking trails with mountain range views. Carson City’s location between Tahoe and Reno is consistently attracting residents looking for an excellent quality of life and affordable housing options. With limited housing inventory, the demand for rental properties has steadily increased, resulting in a healthy rental market within the Carson City submarket. Carson City is a short commute to Reno, Minden, Garnerville, Douglas, South Lake Tahoe, and the Tahoe Reno Industrial Center. This submarket is a thriving rental market in northern Nevada.

Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
007-461-19
Land Assessment
$1,381,209 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,381,209 CAD
  • Listing ID: 31337961

  • Date on Market: 2024-03-27

  • Last Updated:

  • Address: 0 GS Richards Blvd, Carson City, NV 89703

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