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
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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Gray's Crossing Workforce Housing Apartment | 10036 Edwin Way
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