Sackley Family Trust Sells 18-Unit Multifamily Property In Las Vegas For $1.73M
SOLD
Nevada
See Similar DealsMultiFamily
Sold 06/08/2022
SOLD
Sackley Family Trust Sells 18-Unit Multifamily Property In Las Vegas For $1.73M
3828 Hazelwood Street, Las Vegas, Nevada 89119, United States
See Similar DealsMultiFamily
Sold 06/08/2022
Summary
NEVADA
Asset Type:MultiFamily
Transaction Type:Sale
The multifamily property located at 3828 Hazelwood St in Las Vegas, NV has been sold. The transaction took place on 06/08/2022. The property, consisting of 18 units, was sold for a total price of $1,730,000, resulting in an average price per unit of $96,111.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,730,000
- Units: 18
- Price per Unit: $96,111
- Market: Las Vegas, NV
The seller of the property was the Sackley Family Trust. The sale was facilitated by Jason Dittenber, Jerad Roberts, Devin Lee, CCIM, and Robin Willett of Northcap Commercial.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$92,266.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,146.32
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,201.08
Annual Debt Service$98,412.99
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