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4855 East Vegas Valley Driv...

ZMR Capital Acquires Multifamily Property In Las Vegas For $38.5M
SOLDMultiFamily

ZMR Capital Acquires Multifamily Property In Las Vegas For $38.5M

4855 East Vegas Valley Drive, Las Vegas, Nevada 89121, United States

$38,500,000

$187/SF

Building Size

205,455 SF

Asset Type

MultiFamily

Closing

Jun 9, 2022

AI

The multifamily property located at 4855 East Vegas Valley Drive in Las Vegas, NV has been sold for a total price of $38,500,000. The property consists of 216 units, with a price per unit of $178,241. The total square footage of the property is 205,455, with a price per square foot of $187.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $38,500,000
  • Address: 4855 East Vegas Valley Drive, Las Vegas, NV
  • Market: Las Vegas, NV
  • Buyer: ZMR Capital - Zamir Kazi
  • Units: 216
  • Price Per Unit: $178,241
  • Total Square Footage: 205,455
  • Price Per Square Foot: $187

ZMR Capital, represented by Zamir Kazi, was the buyer in this transaction.

Players

Zamir Kazi

ZMR Capital

Buyer

$622.8M

vol

10 deals

Buyer

Las Vegas 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

0.41%

Cash-on-Cash

-0.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93