Updated Oct 28, 2024
Pila De Oro LLC Sells Multifamily Property In Las Vegas For $1.125M With Buyer's Reps Jerad Roberts, Devin Lee, CCIM & Robin Willett - Northcap Commercial
610 South 11th Street, Las Vegas, Nevada 89101, United States
$1,125,000
Building Size
—
Asset Type
MultiFamily
Closing
Sep 5, 2022
About this deal
AI
A multifamily property located at 610-612 S 11th St in Las Vegas, NV was recently sold for a price of $1,125,000. The property is owned by Pila De Oro LLC and the sale took place on September 6, 2022. The transaction was facilitated by brokers Jerad Roberts, Devin Lee, CCIM, and Robin Willett from Northcap Commercial.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,125,000
- Seller: Pila De Oro LLC
- Brokers: Jerad Roberts, Devin Lee, CCIM & Robin Willett - Northcap Commercial
The sale of the multifamily property at 610-612 S 11th St in Las Vegas, NV was successfully carried out with the assistance of brokers Jerad Roberts, Devin Lee, CCIM, and Robin Willett from Northcap Commercial. This transaction marks an important deal for all parties involved, showcasing the expertise and professionalism of the individuals and companies who played a key role in the sale.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.10%
Cash-on-Cash
-4.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93