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Gray's Crossing Workforce Housing Apartment | 10036 Edwin Way
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Gray's Crossing Workforce Housing Apartment 10036 Edwin Way
4 Unit Apartment Building $2,600,000 ($650,000/Unit) Truckee, CA 96161
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INVESTMENT HIGHLIGHTS
- Brand New 4-Unit Apartment Complex in Coveted Neighborhood
- High Quality Construction with Top Line Finishes and Appliances
- Deed Restricted Affordable Housing
- Located Near Public Transit, Bike Paths, Highway Access within easy walking distance to Downtown Truckee
- Mountain and Golf Course Views
EXECUTIVE SUMMARY
Newly-constructed, yet-to-be-occupied 4-unit apartment complex in the coveted Village at Gray's Crossing. Each unit is a 2-bedroom, 2-bath, 1715 square foot residence with high-end appliances and finishes with patio / decks, and mountain + golf course views. Close to public transit, local schools, Recreation Center, bike paths to Downtown Truckee, Truckee River, ski resorts and trails. Future Village at Gray's Crossing includes 100+ unit hotel with built-in employee base in need of on-site housing. Local employers with high interest in master leasing including resorts and public agencies.
Deed restricted affordable requires tenants spend no more than 30% of area median household income. See associated documents for information on HOA and Mello Roos.
Being offered well below cost.
Deed restricted affordable requires tenants spend no more than 30% of area median household income. See associated documents for information on HOA and Mello Roos.
Being offered well below cost.
PROPERTY FACTS
Price | $2,600,000 | Building Class | B |
Price Per Unit | $650,000 | Lot Size | 0.40 AC |
Sale Type | Investment | Building Size | 6,860 SF |
No. Units | 4 | Average Occupancy | 0% |
Property Type | Multifamily | No. Stories | 2 |
Property Subtype | Apartment | Year Built | 2024 |
Apartment Style | Mid Rise | Parking Ratio | 1.17/1,000 SF |
Price | $2,600,000 |
Price Per Unit | $650,000 |
Sale Type | Investment |
No. Units | 4 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Mid Rise |
Building Class | B |
Lot Size | 0.40 AC |
Building Size | 6,860 SF |
Average Occupancy | 0% |
No. Stories | 2 |
Year Built | 2024 |
Parking Ratio | 1.17/1,000 SF |
UNIT MIX INFORMATION
DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
---|---|---|---|
2+2 | 4 | - | 1,715 |
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PROPERTY TAXES
Parcel Number | 043-070-008-000 | Improvements Assessment | $0 |
Land Assessment | $321,600 | Total Assessment | $321,600 |
PROPERTY TAXES
Parcel Number
043-070-008-000
Land Assessment
$321,600
Improvements Assessment
$0
Total Assessment
$321,600
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Gray's Crossing Workforce Housing Apartment | 10036 Edwin Way
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