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 4 months of leasing this property has reached 68% 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.