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1224 Berrum Lane
SOLD

Feymann Real Estate Holdings Acquires Fairway Park Manor Multifamily Property In Reno For $16.55M

1224 Berrum Lane

MultiFamily
91,556 SF
clock iconSold 336 days ago
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Summary

Sale
NEVADA
MultiFamily
91,556 sqft

Fairway Park Manor, a 100-unit multifamily property in Reno, Nevada, has been sold to Feymann Real Estate Holdings, LLC for $16.55 million. The property is situated on a 4.2-acre lot and has a total square footage of 91,556. It is located in a preferred southwest corridor, providing convenient access to amenities and schools.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $16,550,000
  • Address: 1224 Berrum Lane, Reno, Nevada
  • Market: Reno, Nevada
  • Acres: 4.2

The buyer in this transaction was Feymann Real Estate Holdings, LLC, while the seller was Fairway Park Manor, LLC. The deal was facilitated by Ben Nelson from Kidder Mathews.

Players

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    2

  • Agents

    1

  • Agencies

    1

Ben Nelson's profile picture
Ben Nelson
Kidder Mathews-image
Senior Vice President
$31.1M Sold

Details

Deal Summary
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SOLD
IMAGE: Ben Nelson DATE: 06/16/2023 ADDRESS: 1224 Berrum Lane MARKET: Reno, Nevada ASSET TYPE: Multifamily ~ ACRES: 4.2 BUYER: Feymann Real Estate Holdings, LLC SELLER: Fairway Park Manor, LLC BROKER: Ben Nelson - Kidder Mathews SALE PRICE: $16,550,000 UNITS: 100 ~ PPU: $165,500 SF: 91,556 ~ PPSF: $181 NOTE: Fairway Park Manor, a 100-unit multifamily property in Reno, has been sold to Feymann Real Estate Holdings for $16.55 million. The property is conveniently located in a preferred southwest corridor near amenities and schools.

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Address1224 Berrum Lane

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