Updated Oct 28, 2024
Windrush Properties LLC Sells 8-Unit Multifamily In Las Vegas For $1.015M With Broker Representation From Jerad Roberts, Devin Lee, CCIM & Robin Willett - Northcap Commercial
239 West New York Avenue, Las Vegas, Nevada 89102, United States
$1,015,000
Units
8
Asset Type
MultiFamily
Closing
Jul 17, 2022
About this deal
AI
A multifamily property located at 239 W New York Ave in Las Vegas, NV has been sold for $1,015,000. The property consists of 8 units, with a per unit price of $126,875. The sale was facilitated by Windrush Properties LLC as the seller and the brokerage team of Jerad Roberts, Devin Lee, CCIM & Robin Willett from Northcap Commercial.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,015,000
- Address: 239 W New York Ave, Las Vegas, NV
- Market: Las Vegas, NV
- Units: 8
- Per Unit Price: $126,875
The sale of this multifamily property was successfully concluded with the involvement of Windrush Properties LLC as the seller and Jerad Roberts, Devin Lee, CCIM & Robin Willett from Northcap Commercial as the brokerage team representing the seller.
Players
Las Vegas MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.63%
Cash-on-Cash
-4.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93