Family Office Briefing on research byKidder Matthews·Aug 2, 2023
Reno Multifamily Market Report - 2nd Quarter 2023
Reno multifamily market shows strong buyer demand despite rising interest rates — family offices should consider co-GP opportunities with disciplined operators.
Key Metrics
| Metric | Value |
|---|---|
| Vacancy Rate | 2.19% |
| Average Asking Rents | 1661$ |
| Average Sales Price | 251015$ |
| Cap Rates | 5.8% |
Metrics extracted from the source report and independently fact-checked. Method →
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Kidder Matthews
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