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

Property Image
SOLD
$16,550,000

Nevada

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MultiFamily91,556 SF
Sold 06/16/2023
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Property Image
SOLD

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

1224 Berrum Lane Reno, Nevada 89509, Usa

See Similar Deals
MultiFamily91,556 SF
Sold 06/16/2023
the dealplayerscompscontact
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Summary

NEVADA
Asset Type:MultiFamily
Price Per Square Foot:$180
Total Square Footage:91,556 SF
Transaction Type:Sale

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

Ben Nelson
Kidder Mathews
Ben Nelson
3 deals$45.1M volume(775) 741-6260
BROKER

Details

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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