Laguna Point Acquisitions Acquires 996-Unit Multifamily In Las Vegas For $126M

A multifamily property located at 370 E Harmon Ave in Las Vegas, NV has been sold in a closed transaction. The property consists of 996 units and was sold for a total price of $126,000,000, resulting in a per unit price of $126,506.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $126,000,000
• Units: 996
• Price per Unit: $126,506

The buyer of the property is Laguna Point Acquisitions, while the seller is 3D Investments. The transaction was facilitated by brokers Patrick Sauter, Art Carll-Tangora, and Steve Nosrat from Avison Young.

No additional information regarding the property or the individuals involved in the deal is available at this time.