Capital Square Realty Advisors Acquires Aspen Vista Apartments In Reno, Nevada For $39.1M

Capital Square Realty Advisors has purchased Aspen Vista, a 102-unit apartment property located at 548 Aurora View Court in Reno, Nevada. The multifamily asset was sold for a total price of $39,100,000, equating to an average of $383,333 per unit. The property features three- and four-bedroom townhome-style units with amenities such as washers and dryers, garages, and private backyards.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $39,100,000
• Units: 102
• Price per Unit: $383,333

The buyer of Aspen Vista is Capital Square Realty Advisors, represented by Louis Rogers. The acquisition marks a significant investment in the Reno, Nevada market.