NAI Alliance is pleased to present this major re-positioning by Repvblik Development Group, with multifamily compliant upgrades to electrical, plumbing, and life-safety systems. This project is designed to accommodate Reno’s enormous demand for workforce housing, and as such, these newly remodeled studios are priced affordably and are filling up fast. Within one month of leasing this property has reached 34% leased. The subject property was originally a two-story motel built in 1966. The building is ±33,288 square feet, situated on ±1.897 acres zoned Mixed-Use Urban. 1901 S Virginia Street is in downtown/MidTown is close to Highway 395/I-580. Assessor’s Parcel Number is 019-051-15. The highly visible and easily accessible locations feature 117 rehabilitated studio apartments. There are currently 6 similar properties on the market within 10 miles distance of the Subject Property.