280 Island Ave APT 1002

Welcome to Park Tower, centrally located in downtown Reno, where adventure meets opportunity. Park Tower stands as the only downtown high-rise that permits short-term rentals, and that distinction is exactly what sets this one-bedroom, two-bathroom unit apart. Located on the 10th floor with sweeping west-facing views, this unit looks out over the cascading waters of the Truckee River, Wingfield Park, and the Sierra Nevada range. Watch kayakers and fly fishers work the river below and step into the Riverwalk District where Reno's best dining, coffee shops, and nightlife are right there. Mount Rose and Lake Tahoe are a short drive for skiers, snowboarders, and outdoor winter enthusiasts of all kinds. The unit has been configured into two separately accessed rentable spaces, each with its own locked entrance and an established booking history. It is offered as a turnkey income-producing asset. The building also features a shared rooftop deck with views that speak for themselves. Whether you are targeting a 1031 exchange, adding to an existing portfolio, or simply looking for an income-producing asset, this is a rare setup in a market where short-term rental permits in the downtown condo market have become nearly impossible to find.