| Fully renovated 23-unit boutique property, repositioned in 2025 with no deferred maintenance. |
| 100% occupied with rent increases implemented post-renovation and absorbed without resistance. |
| Efficient 350 SF studio layouts align with Reno’s highest-demand, attainable housing segment. |
| Strong in-place income supported by a streamlined expense structure and post-renovation operations. |
| Attractive basis relative to replacement cost for boutique-quality product in an urban infill location. |
| Downtown Reno location supported by employment growth, housing constraints, and sustained renter demand. |
Robert Hatrak
Hatrak Commercial
