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The 204-unit Skyline Canyon multi-family property at 3300 Skyline Blvd. recently sold for $37.5 million, or approximately $184,000 per unit.

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With Reno home prices climbing, investors bullish on multifamily projects

South Reno remains a popular area for new development. Along with Spanish Springs, southeast Reno has the excellent potential for additional growth due to available land.

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