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Student Housing

The Highlands

Reno, NV

216 Units

Built in 2004

Value Add

Investment Highlights

  • The Highlands presents an attractive value-add opportunity for a new investor through targeted interior upgrades, repositioning of premium units, and operational enhancements. With limited competing product in the immediate walk-radius of UNR, repositioning upside is underpinned by a desirable location, growing enrollment and consistent demand.
  • The Highlands features two-, three-, and four-bedroom floor plans from 840- to 1,356-square feet, with in-unit washers and dryers, walk-in closets, balconies or patios, and modern appliances.
  • Community amenities include a resort-style pool, fitness center, sports courts, EV charging, gated access, and pet-friendly options.
  • The Highlands is located less than half a mile from UNR, on Enterprise Road, a highly visible student housing corridor, and is accessible to campus with a four-minute bike ride or a 15-minute walk.
  • The property captures demand from the more than 22,800 students attending nearby University of Nevada, Reno (UNR), where enrollment has grown 14.4 percent over the past decade

Exclusively listed by

Broker of Record

Cameron Glinton

Managing Director, Market Leader- Nevada

(702) 215-7100

License(s): NV: B.1002894.CORP

Nevada

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