Devin Lee, CCIM, Robin Willett, Jerad Roberts, and Jason Dittenber, of Northcap Commercial Multifamily, are pleased to announce the recent sales of Casa Bonita Apartments and Valley Vista Apartments for $7,150,000 ($99,305/unit). This sale consisted of 72 multifamily units built in 2004, located at 1411 N. 23rd Street and 2930 Mountain Vista Street in Las Vegas, Nevada. This … [Read more...]
Northcap Commercial Arranges Sale of Swenson Apartments for $4,350,000
Jerad Roberts, Devin Lee, CCIM, Robin Willett, and Jason Dittenber of Northcap Commercial Multifamily, are pleased to announce the recent sale of Swenson Apartments for $4,350,000 ($58,784/unit). This sale consisted of 74 multifamily units built in 1972, located at 3850 Daisy Street in Las Vegas, Nevada. This off-market transaction closed on October 10, 2018. Northcap … [Read more...]
Northcap Commercial Directs $60.3 Million Las Vegas Multifamily Acquisition
Westland Real Estate Group acquired two properties totaling 1,129 units, bringing its national multifamily holdings to more than 15,000 units Las Vegas – Northcap Commercial, a Las Vegas-based real estate company focused on investment sales, acquisitions, and property management, has directed the $60.3 million acquisition of a two-property multifamily portfolio encompassing … [Read more...]
Northcap Commercial Multifamily Arranges Sale of Tara Vista Apartments for $4,307,000
Robin Willett, Devin Lee, CCIM, Jerad Roberts, and Jason Dittenber, of Northcap Commercial Multifamily, are pleased to announce the recent sale of Tara Vista Apartments for $4,307,000 ($76,910/unit). This sale consisted of 56 multifamily units built in 1963, located at 3883, 3931, 3979 Tara Ave in Las Vegas, Nevada. This off-market transaction closed on August 24, 2018. … [Read more...]
Northcap Commercial Multifamily Arranges Sale of Tammany Hall & Rochelle Manor Apartments for $7,475,000
Devin Lee, CCIM, Robin Willett, Jerad Roberts, and Jason Dittenber, of Northcap Multifamily, are pleased to announce the recent sale of Tammany Hall and Rochelle Manor Apartments for $7,475,000 ($50,168/unit). This sale consisted of 149 multifamily units built in 1972, located at 4320, 4340 and 4386 Escondido Street in Las Vegas, Nevada. The purchaser of this value-add … [Read more...]
Northcap Commercial Multifamily Arranges Sale of Flower Terrace for $2,500,000
Devin Lee, CCIM, Robin Willett, Jerad Roberts, and Jason Dittenber, of Northcap Multifamily, are pleased to announce the recent sale of Flower Terrace Apartments for $2,500,000 ($62,500/unit). This sale consisted of 40 multifamily units built in 1963, located at 225 Flower Ave in Las Vegas, Nevada. This off-market transaction closed on July 11, 2018. Northcap Multifamily … [Read more...]
Northcap Multifamily Arranges Sale of La Esperanza Apartments for $4,508,000
Devin Lee, CCIM, Robin Willett, Jerad Roberts, and Jason Dittenber, of Northcap Multifamily, are pleased to announce the recent sale of La Esperanza Apartments for $4,508,000 ($62,611/unit). This sale consisted of 72 multifamily units built in 1962, located at 900 to 1208 E. Carey Avenue, in N. Las Vegas, Nevada. This multiple parcel assemblage assemblage required simultaneous … [Read more...]
Northcap Commercial Multifamily Arranges Sale of Cypress Springs Apartments for $15,000,000
Devin Lee, CCIM, Robin Willett, Jerad Roberts, and Jason Dittenber, of Northcap Multifamily, are pleased to announce the recent sale of Cypress Springs Apartments for $15,000,000 ($104,166/unit). This sale consisted of 144 multifamily units built in 1994, located at 3651 N. Rancho Drive, in Las Vegas, Nevada. The purchaser of value-add opportunity plans extensive renovations to … [Read more...]
Red Report: May 2017
E Project, Industrial ADDRESS NEC of Las Vegas Blvd. & N. Walnut Rd., 89115 CONTRACTOR OF RECORD United Construction DETAILS The placement of the first wall panels for the 546,480 square foot LogistiCenter is complete. The building is slated for completion by the end of the second quarter of 2017. Sale, Office ADDRESS 1785 E. Sahara Ave., 89104 BUYER 1785 Office … [Read more...]
Red Report: November 2015
E Sale, Multi-Family ADDRESS 310 – 400 S. 11th St., 89101 BUYER BDR Cascadia SELLER Norma Jakubowski DETAILS 57 units; $45,947 per unit APN 139-34-712-101 SELLER REP Michael LaBar and Michael Shaffner of Avison Young Sale, Multi-Family ADDRESS 1823 Santa Paula Dr., 89104 BUYER 1823 Santa Paula Apartments, LLC SELLER Eagle Property Partners, LLC DETAILS 12 units; … [Read more...]
Nevada Real Estate & Development Report: October 2014
E Sale, Multi-Family ADDRESS 2850 E. Bonanza Rd., 89101 BUYER Westland Real Estate Group SELLER Hayman Advisors DETAILS 344 units; $14,875,000 APN 139-25-404-002 REP (both) Art Carll, CCIM of NAI Vegas Lease, Office ADDRESS 2490 Paseo Verde Pkwy, Ste 100, 89052 TENANT Bodyspa Salons LANDLORD Flex 2 Buildings 3/4, LLC DETAILS 15,906 SF; $1,913,418 for 87 … [Read more...]
