10036 Edwin Way - Apartments FOR SALE


Truckee, CA 96161
$3,900,000 USD
10036 Edwin Way, Truckee, CA for Sale
$3,900,000 USD
Apartments - FOR SALE
1/16
null | Request Cap Rate

10036 Edwin Way
Truckee, CA 96161


HIGHLIGHTS

  • Brand New 4-Unit Apartment Complex in Coveted Neighborhood
  • Located Near Public Transit, Bike Paths, Highway Access within easy walking distance to Downtown Truckee
  • High Quality Construction with Top Line Finishes and Appliances
  • Mountain and Golf Course Views
  • Deed Restricted Affordable Housing

OVERVIEW

Newly-constructed, yet-to-be-occupied 4-unit apartment complex in the coveted Village at Gray's Crossing. Each unit is a 2-bedroom, 2-bath, 1715 square foot residence with high-end appliances and finishes with patio / decks, and mountain + golf course views. Close to public transit, local schools, Recreation Center, bike paths to Downtown Truckee, Truckee River, ski resorts and trails. Future Village at Gray's Crossing includes 100+ unit hotel with built-in employee base in need of on-site housing. Local employers with high interest in master leasing including resorts and public agencies. Deed restricted affordable requires tenants spend no more than 30% of area median household income. See associated documents for information on HOA and Mello Roos. Being offered well below cost.

FOR SALE DETAILS

PRICE

$3,900,000 USD

PRICE/SF

$569 USD /SF

# OF UNITS

4

PRICE/UNIT

$975,000

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Gray's Crossing Workforce Housing Apartment

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2024

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

-

APN/PARCEL ID

043-070-008

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