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
SOLD
$1,125,000
Nevada
See Similar DealsMultiFamily
Sold 09/06/2022
SOLD
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
See Similar DealsMultiFamily
Sold 09/06/2022
Summary
NEVADA
Asset Type:MultiFamily
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$60,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,996.89
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,333.07
Annual Debt Service$63,996.89
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