Marcus & Millichap Arranges the Sale of a 120-Unit Apartment Building

Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Solana Square.LAS VEGAS, NV – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Solana Square, a 120-unit apartment property located in Las Vegas, NV, according to Justin C. White, regional manager of the firm’s Las Vegas office. The asset sold for $4,200,000.

Perry White, Vice President Investments and Brett Beck, an investment specialist in Marcus & Millichap’s Las Vegas office, represented the buyer, The Siegel Group, a division of The Siegel Group of Nevada, Inc.

Solana Square is located at 454 East Twain Avenue in Las Vegas, NV. The apartment complex contains 120 one bedroom units of approximately 500 square feet.  

With more than 1,000 investment professionals in offices nationwide, Marcus & Millichap Real Estate Investment Services is the largest firm specializing in commercial real estate investment services in the nation. Marcus & Millichap closed 6,149 transactions in 2012, the highest of any commercial real estate brokerage firm. Founded in 1971, the firm has perfected a powerful system for marketing properties that combines product specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology and relationships with the largest pool of qualified investors nationally.

www.MarcusMillichap.com

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