Reno apartments purchased

The 81-unit Rancho 777 Apartments in Reno have been purchased by Bajwa Properties.

The 29,345-square-foot property on 1.6 acres at 777 E. 4th St. was sold by a private trust. The sales price was $1.15 million.

Todd Blonsley, a vice president for investments with Marcus & Millichap Real Estate Investment Services, represented both the buyer and the seller.

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