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Gray's Crossing Workforce Housing Apartment 10036 Edwin Way

4 Unit Apartment Building $5,545,800 CAD ($1,386,450 CAD/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.

Data Room Click Here to Access

Property Facts

Price $5,545,800 CAD
Price Per Unit $1,386,450 CAD
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
  • Listing ID: 32776702

  • Date on Market: 2024-08-12

  • Last Updated:

  • Address: 10036 Edwin Way, Truckee, CA 96161

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