Kidder Mathews arranges $14M ($109k/bed) sale of LEV Apartments in Reno to Blue Peak Capital, property is adjacent to the University of Nevada

7/23/2025

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REBusinessOnline

• Subcategory: MF: Student

• Tag: Sale

• Additional Filters-Subcategory: MF: Garden

• Additional Filters-Tags: Sale: Investment, Sale: Single Property

• Company: Kidder Mathews

Kidder Mathews has arranged the sale of LEV Apartments, a multifamily property located at 1617 N. Virginia St. in Reno. A Sacramento, Calif.-based private real estate investment firm acquired the asset from a student housing developer for $14 million. Situated adjacent to the University of Nevada, Reno, LEV Apartments features 128 studio/one-bath units and a one-bedroom/one-bath unit all with shared kitchen areas.