Kairos Investment Management Acquires Multifamily Property In Las Vegas For $41.1M

The multifamily property located at 1950 N. Simmons St. in Las Vegas has been sold for a total price of $41,100,000. The transaction took place on November 19, 2021. The property consists of 195 units, resulting in a price per unit of $210,769. The buyer of the property is Kairos Investment Management Co., represented by Carl Chang, while Strategic Realty Holdings acted as the seller.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $41,100,000
• Address: 1950 N. Simmons St.
• Market: Las Vegas

Carl Chang, representing Kairos Investment Management Co., played a key role as the buyer in this transaction. Strategic Realty Holdings, on the other hand, acted as the seller of the property.