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Northcap Commercial

Northcap Commercial Arranges Sale of 11.33 Acres of Land for $5,377,268

January 4, 2021 By Northcap Multifamily Leave a Comment

Devin Lee, CCIM, Robin Willett, Jerad Roberts, and Jason Dittenber of Northcap Commercial are pleased to announce the recent sale of 11.33 Acres of land (formerly the site of the Moulin Rouge Casino) for $5,377,268 ($474,604/acre).   This sale consisted of $3.1 million in cash to the seller and assumption of various city liens.  The … [Read more...] about Northcap Commercial Arranges Sale of 11.33 Acres of Land for $5,377,268

Northcap Commercial Arranges Sale of 3782 & 3792 Palos Verdes St Apartments for $1,010,000

November 24, 2020 By Northcap Multifamily Leave a Comment

Cover Pic-aff7cfa5

Jason Dittenber, Jerad Roberts, Devin Lee, CCIM, and Robin Willett, of Northcap Commercial are pleased to announce the recent sale of 3782 & 3792 Palos Verdes Street Apartments for $1,010,000 ($84,167/unit). This sale consisted of 12 multifamily units located at 3782 & 3792 Palos Verdes Street in Las Vegas, Nevada. This transaction closed on … [Read more...] about Northcap Commercial Arranges Sale of 3782 & 3792 Palos Verdes St Apartments for $1,010,000

Northcap Commercial Arranges Sale of Bella Vida Apartments for $15,000,000

November 10, 2020 By Northcap Multifamily Leave a Comment

BellaVida_Cover-3dc2f1df

Devin Lee, CCIM, Robin Willett, Jerad Roberts, and Jason Dittenber of Northcap Commercial are pleased to announce the recent sale of Bella Vida Apartments for $15,000,000 ($208,333/unit). This sale consisted of 72 multifamily units located at 1111 S. Cimarron Road in Las Vegas, Nevada. This transaction closed on November 2nd, 2020. Northcap Commercial … [Read more...] about Northcap Commercial Arranges Sale of Bella Vida Apartments for $15,000,000

Northcap Commercial Arranges Sale of Cypress Springs Apartments for $20,000,000

September 14, 2020 By Northcap Multifamily Leave a Comment

CypressSprings_Cover_Pic-dc4085d9

Devin Lee, CCIM, Robin Willett, Jerad Roberts, and Jason Dittenber of Northcap Commercial are pleased to announce the recent sale of Cypress Springs Apartments for $20,000,000 ($138,889/unit). This sale consisted of 144 multifamily units located at 3651 N. Rancho Drive in Las Vegas, Nevada. This transaction closed on August 21st, 2020. Northcap Commercial … [Read more...] about Northcap Commercial Arranges Sale of Cypress Springs Apartments for $20,000,000

Northcap Commercial Arranges Sale of Pair-A-Dice Mobile Home Park for $5,450,000

June 25, 2020 By Northcap Multifamily Leave a Comment

Pair-a-Dice_CoverPic_A

Devin Lee, CCIM, Jerad Roberts, Robin Willett, and Jason Dittenber of Northcap Commercial are pleased to announce the recent sale of Pair-A-Dice Mobile Home Park for $5,450,000 ($39,781/unit). This sale consisted of 137 mobile home units in an Opportunity Zone located at 2067 N. Las Vegas Blvd., in N. Las Vegas, Nevada. This transaction closed on June 19th, 2020. Northcap … [Read more...] about Northcap Commercial Arranges Sale of Pair-A-Dice Mobile Home Park for $5,450,000

Northcap Commercial Arranges Sale of Summer Place Apartments for $6,750,000

April 9, 2020 By Northcap Multifamily Leave a Comment

Summer_Place_Cover_Pic

Devin Lee, CCIM, Jason Dittenber, Jerad Roberts, and Robin Willett of Northcap Commercial are pleased to announce the recent sale of Summer Place Apartments for $6,750,000 ($60,268/unit). This sale consisted of 112 multifamily units built in 1979 located at 27 N. 28th Street in Las Vegas, Nevada. This transaction closed on March 13th, 2020. Northcap Commercial represented … [Read more...] about Northcap Commercial Arranges Sale of Summer Place Apartments for $6,750,000

Northcap Commercial Arranges Sale of 2131 Statz Street Apartments for $1,000,000

February 20, 2020 By Northcap Multifamily Leave a Comment

Jason Dittenber, Jerad Roberts, Robin Willett, and Devin Lee, CCIM, of Northcap Commercial are pleased to announce the recent sale of 2131 Statz Street Apartments for $1,000,000 ($66,666/unit). This sale consisted of 15 multifamily units built in 1963 located at 2131 Statz Street in North Las Vegas, Nevada. This transaction closed on February 18th, 2020. … [Read more...] about Northcap Commercial Arranges Sale of 2131 Statz Street Apartments for $1,000,000

Northcap Commercial Arranges Sale of 828 F Street Apartments for $815,000

January 29, 2020 By Northcap Multifamily Leave a Comment

Jason Dittenber, Jerad Roberts, Robin Willett, and Devin Lee, CCIM, of Northcap Commercial are pleased to announce the recent sale of 828 F Street Apartments for $815,000 ($40,750/unit). This sale consisted of 20 distressed multifamily units built in 1955 located at 828 F. Street in Las Vegas, Nevada. This transaction closed on January 24th, 2020. … [Read more...] about Northcap Commercial Arranges Sale of 828 F Street Apartments for $815,000

Northcap Commercial Arranges Sale of Luna Vista Apartments for $1,850,000

January 17, 2020 By Northcap Multifamily Leave a Comment

Jason Dittenber, Robin Willett, Devin Lee, CCIM, and Jerad Roberts of Northcap Commercial, are pleased to announce the recent sale of Luna Vista Apartments for $1,850,000 ($74,000/unit). This sale consisted of 25 multifamily units built in 1955 located at 4662 E. Lake Mead Blvd. in Las Vegas, Nevada. This transaction closed on January 15th, 2020. Northcap Commercial … [Read more...] about Northcap Commercial Arranges Sale of Luna Vista Apartments for $1,850,000

Northcap Commercial Arranges Sale of 4120 & 4136 Silver Dollar Ave Apartments for $1,655,000

December 16, 2019 By Northcap Multifamily Leave a Comment

4120-4136_SilverDollar_Cover_B

Jason Dittenber, Robin Willett, Devin Lee, CCIM, and Jerad Roberts of Northcap Commercial, are pleased to announce the recent sale of 4120 & 4136 Silver Dollar Ave Apartments for $1,655,000 ($103,438/unit). This sale consisted of 16 multifamily units built in 1963 located at 4120 & 4136 Silver Dollar Avenue in Las Vegas, Nevada. This transaction closed on December … [Read more...] about Northcap Commercial Arranges Sale of 4120 & 4136 Silver Dollar Ave Apartments for $1,655,000

Northcap Commercial Arranges Sale of Andiamo Apartments for $21,400,000

December 10, 2019 By Northcap Multifamily Leave a Comment

Andiamo_Cover_Pic

Robin Willett, Devin Lee, CCIM, Jerad Roberts, and Jason Dittenber, of Northcap Commercial, are pleased to announce the recent sale of the Andiamo Apartments for $21,400,000 ($110,880/unit). This sale consisted of 193 multifamily units built in 1986 located at 4600 Vegas Drive in Las Vegas, Nevada. This transaction closed on November 25th, 2019. Northcap Commercial … [Read more...] about Northcap Commercial Arranges Sale of Andiamo Apartments for $21,400,000

Northcap Commercial Arranges Sale of Rancho Mirada Apartments for $17,319,762

December 3, 2019 By Northcap Multifamily Leave a Comment

RanchoMirada_CoverPic

Robin Willett, Devin Lee, CCIM, Jerad Roberts, and Jason Dittenber, of Northcap Commercial, are pleased to announce the recent sale of the Rancho Mirada Apartments for $17,319,762 ($108,249/unit). This sale consisted of 160 multifamily units built in 1996 located at 1650 N. Pecos Road in Las Vegas, Nevada. This transaction closed on November 7th, 2019. Northcap Commercial … [Read more...] about Northcap Commercial Arranges Sale of Rancho Mirada Apartments for $17,319,762

Northcap Commercial Arranges Sale of 4187 & 4203 Silver Dollar Ave Apartments for $1,756,000

November 25, 2019 By Northcap Multifamily Leave a Comment

4187-4203_SilverDollar_Cover

Jason Dittenber, Robin Willett, Devin Lee, CCIM, and Jerad Roberts of Northcap Commercial, are pleased to announce the recent sale of 4187 & 4203 Silver Dollar Ave Apartments for $1,756,000 ($109,750/unit). This sale consisted of 16 multifamily units built in 1963 located at 4187 & 4203 Silver Dollar Avenue in Las Vegas, Nevada. This transaction closed on November … [Read more...] about Northcap Commercial Arranges Sale of 4187 & 4203 Silver Dollar Ave Apartments for $1,756,000

Northcap Commercial Arranges Sale of Alpha Gardens & Villas Apartments for $14,407,366

November 21, 2019 By Northcap Multifamily Leave a Comment

AplhaVillas-Gardens_Cover_Pic

Robin Willett, Devin Lee, CCIM, Jerad Roberts, and Jason Dittenber, of Northcap Commercial, are pleased to announce the recent sale of the Alpha Gardens & Villas Apartments for $14,407,366 ($116,188/unit). This sale consisted of 124 multifamily units built in 2000 and 2007 located at 1695 Mary Jane Drive and 4860 Stanley Avenue in Las Vegas, Nevada. This transaction … [Read more...] about Northcap Commercial Arranges Sale of Alpha Gardens & Villas Apartments for $14,407,366

Northcap Commercial Arranges Sale of 2301 Wengert Ave Apartments for $1,700,000

November 4, 2019 By Northcap Multifamily Leave a Comment

2301_Wengert_Cover

Jason Dittenber, Jerad Roberts, Devin Lee, CCIM, and Robin Willett of Northcap Commercial, are pleased to announce the recent sale of 2301 Wengert Avenue Apartments for $1,700,000 ($85,000/unit). This sale consisted of 20 multifamily units built in 1962, located at 2301 Wengert Avenue in Las Vegas, Nevada. This 17-day transaction closed on November 1, 2019. Northcap … [Read more...] about Northcap Commercial Arranges Sale of 2301 Wengert Ave Apartments for $1,700,000

Northcap Commercial Arranges Sale of Desert Inn Apartments for $2,700,000

October 25, 2019 By Northcap Multifamily Leave a Comment

Desert_Inn_Apartments_CoverPic

Jason Dittenber, Jerad Roberts, Devin Lee, CCIM, and Robin Willett of Northcap Commercial, are pleased to announce the recent sale of the Desert Inn Apartments for $2,700,000 ($75,000/unit). This sale consisted of 36 multifamily units built in 1963, located at 1075, 1089, 1107, and 1121 E. Desert Inn Road, in Las Vegas, Nevada. This transaction closed on October 23rd, 2019. … [Read more...] about Northcap Commercial Arranges Sale of Desert Inn Apartments for $2,700,000

Northcap Commercial Multifamily Arranges Sale of Sunset Apartments for $2,650,000

October 14, 2019 By Northcap Multifamily Leave a Comment

Screen Shot 2019-10-11 at 4.06.28 PM

Jason Dittenber, Jerad Roberts, Devin Lee, CCIM, and Robin Willett of Northcap Commercial, are pleased to announce the recent sale of Sunset Apartments for $2,650,000 ($88,333/unit). This sale consisted of 30 multifamily units built in 1985, located at 1701 N. Rancho Drive, in Las Vegas, Nevada. This ALL CASH transaction closed on October 10, 2019. Northcap Commercial … [Read more...] about Northcap Commercial Multifamily Arranges Sale of Sunset Apartments for $2,650,000

Northcap Commercial Multifamily Arranges Sale of The Shady Rest Mobile Home Park for $1,350,000

September 13, 2019 By Northcap Multifamily Leave a Comment

Screen Shot 2019-09-13 at 9.09.37 AM

Jerad Roberts, Jason Dittenber, Devin Lee, CCIM, and Robin Willett of Northcap Commercial are pleased to announce the recent sale of The Shady Rest Mobile Home Park for $1,350,000 ($48,214/unit). This sale consisted of 28 multifamily units built in 1938, located at 1735 Athol Avenue, in Henderson, Nevada. This transaction closed on September 6, 2019. Northcap Commercial … [Read more...] about Northcap Commercial Multifamily Arranges Sale of The Shady Rest Mobile Home Park for $1,350,000

Trending UpMulti-Family in Nevada

September 1, 2019 By Pat Evans Leave a Comment

  Multi-family developers in Nevada are convinced a strong trend in the segment will continue for the foreseeable future. The U.S. is in the longest economic expansion in history and with it has brought a boom in multi-family developments in Nevada. David Picerne has been involved in Clark County multi-family developments since 1986, and he’s cautiously optimistic … [Read more...] about Trending Up

Northcap Commercial Multifamily Arranges Sale of 14th & Carson Luxury Studios for $1,925,000

August 21, 2019 By Northcap Multifamily Leave a Comment

Robin Willett, Devin Lee, CCIM, Jason Dittenber, and Jerad Roberts, of Northcap Commercial, are pleased to announce the recent sale of the 14th & Carson Luxury Studios for $1,925,000 ($113,235/unit). The sale consisted of 17 multifamily units built in 1942, located at 1401 E. Carson Ave, in Las Vegas, Nevada. The property had been recently renovated to modern … [Read more...] about Northcap Commercial Multifamily Arranges Sale of 14th & Carson Luxury Studios for $1,925,000

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