Boulevard Motel Group Acquires 32 Vacant Multifamily Units In Las Vegas For $2.2M

In a recent transaction, Northcap Commercial successfully sold 32 vacant apartment units located at 2500 East Fremont Street in Las Vegas, Nevada. The sale price for the multifamily property was reported to be $2.2 million.

Summary of transation details

• Property Type: Multifamily
• Sale Price: $2,200,000
• Number of Units: 32
• Price per Unit: $68,750
• Market: Las Vegas, Nevada
• Brokers: Devin Lee, Robin Willett & Jerad Roberts - Northcap Commercial

The buyer, Boulevard Motel Group LLC, completed the purchase from the seller, TC Chatish 2006 Revocable Living Trust. The transaction was facilitated by Devin Lee, Robin Willett, and Jerad Roberts from Northcap Commercial, who acted as the brokers in this deal.

This successful sale by Northcap Commercial showcases their expertise in the Las Vegas real estate market. The transaction involved a significant number of vacant apartment units, providing a lucrative investment opportunity for the buyer.