The Roselake Apartments consists of 80 total units located in Southwest Reno, close to the Virginia Lake Park. This opportunity offers an investor the chance to acquire a sizable value add asset with a favorable unit mix in one of the more popular submarkets. The unit mix features 40 two bedroom one & a half bathroom units, and 40 two bedroom one bathroom units. The interior finishes on these large 964 +/- sqft floor plans have a mix of carpet and LPV flooring with white cabinets, formica countertops, gas forced air furnaces and AC units, individual unit water heaters, and dishwashers. The complex has a laundry facility and security gate entry points. Exterior features include landscaped walkways, pet area, and picnic/BBQ area. Call for offers due date is February 21st, 2025. This location provides residents with direct access to Virginia Lake Park. The park has walking paths, a large pond stocked with rainbow trout, multiple play areas, and exercise stations. The neighborhood consists of both newer modern builds and classic brick builds, the single family residences are mixed of high-end and standard middle-class homes. The area provides both classic mid-century with newer modern living, making it a popular submarket within the 89509 zip code.