SOLD
DB Capital Management Acquires Multifamily Property In Las Vegas For $64M
3050 South Nellis Boulevard
MultiFamily
Sold 1 year ago
Summary
Sale
NEVADA
MultiFamily
The multifamily property located at 3050 S Nellis Blvd in Las Vegas, Nevada has been sold for a total price of $64,000,000. The transaction took place on October 26, 2022.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $64,000,000
- Address: 3050 S Nellis Blvd
- Market: Las Vegas, Nevada
The buyer, DB Capital Management represented by Brennen Degner and Chase Yim, acquired the property from the seller, Cottonwood Group. The deal was facilitated by brokers Spencer Ballif, Adam Schmitt, and Jannie Mongkolsakulkit from CBRE. The lender for the transaction was ubs''>UBS, and the mortgage broker involved was Shlomi Ronen from Dekel Capital.
The multifamily property consists of 296 units, with a per unit price of $216,216.
Players
All
6
Agents
4
Agencies
1
Lenders
1
Details
SOLD
IMAGE: Brennen Degner & Chase Yim
DATE: 10/26/2022
ADDRESS: 3050 S Nellis Blvd
MARKET: Las Vegas, Nevada
ASSET TYPE: Multifamily
BUYER: DB Capital Management - Brennen Degner (@BDegner42) & Chase Yim (@ChaseYim)
SELLER: Cottonwood Group
BROKERS: Spencer Ballif, Adam Schmitt & Jannie Mongkolsakulkit - CBRE (@CBRE)
LENDER: UBS
MORTGAGE BROKER: Shlomi Ronen (@Shlomi.Ronen) - Dekel Capital (@DekelCapital)
SALE PRICE: $64,000,000
UNITS: 296 ~ PPU: $216,216View on map
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Address3050 South Nellis Boulevard
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