Northcap Commercial Brokers Sell Sierra Park Apartments For $7M In Las Vegas

The Sierra Park Apartments, located at 557 Sierra Vista Drive in Las Vegas, Nevada, were sold for $7,000,000. The multifamily property consists of 63 units, resulting in a price per unit of $111,111. The transaction was finalized on March 29th, 2024, with a swift three-day escrow period.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $7,000,000
• Units: 63
• Price Per Unit: $111,111
• Address: 557 Sierra Vista Drive
• Market: Las Vegas, Nevada
• Brokers: Devin Lee, Jerad Roberts & Robin Willett - Northcap Commercial

Northcap Commercial's Devin Lee, Robin Willett, and Jerad Roberts played pivotal roles in facilitating the sale of the Sierra Park Apartments. Their expertise and negotiation skills were instrumental in successfully closing the deal for this prime multifamily property in Las Vegas.