Family Office Briefing on research byLee & Associates·Jan 28, 2025
2024 Q4 Reno, NV - Multifamily
Reno multifamily market shows signs of stabilization with a 9.0% vacancy rate in Q4 2024 — family offices should consider co-GP opportunities with disciplined operators.
Key Metrics
| Metric | Value |
|---|---|
| Vacancy Rate | 9.0% |
| Asking Rent/Unit | 1587$ |
| Sale Price/Unit | 225856$ |
| Cap Rate | 5.3% |
| Under Construction Units | 808units |
| Inventory Units | 47152units |
Metrics extracted from the source report and independently fact-checked. Method →
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