Updated Oct 29, 2024
Golden Opportunity No. 14 LP Acquires Multifamily Property In Henderson, NV For $1.75M
307 West Atlantic Avenue Henderson, Nevada 89015, USA
$1,750,000
Units
14
Asset Type
MultiFamily
Closing
Jun 1, 2023
About this deal
AI
The multifamily property located at 307 & 319 West Atlantic Avenue in Henderson, NV was recently sold for $1,750,000. The property consists of 14 units, with a per unit price of $125,000. It was purchased by Golden Opportunity No. 14 LP.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,750,000
- Units: 14
- Price per Unit (PPU): $125,000
The deal was facilitated by brokers Jerad Roberts, Robin Willett, and Devin Lee, CCIM from Northcap Commercial.
The multifamily sale at 307 West Atlantic Avenue Henderson, Nevada 89015, USA in Henderson, Nevada sold for $1.8M in 2023. Reported inventory is 14 units across 14 units. Robin Willett, Jerad Roberts, Devin Lee, Northcap Commercial appear on the sale alongside Northcap Commercial. This page is the Henderson, Nevada file for the 307 West Atlantic Avenue Henderson, Nevada 89015, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Henderson sit in the Market section below. Filter that Henderson multifamily set by closing date to see what else sold near 307 West Atlantic Avenue Henderson, Nevada 89015, USA around 2023. Published consideration for 307 West Atlantic Avenue Henderson, Nevada 89015, USA is $1.8M, dated 2023. Cite this Golden Opportunity No. 14 LP Acquires Multifamily Property In Henderson, NV For $1.75M sale when underwriting similar multifamily product around Henderson, Nevada.
Players
Henderson 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
9.06%
Cash-on-Cash
-2.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93