Updated Oct 28, 2024
E3J Oakridge LLC & E3K Oakridge LLC Sell 42-Unit Multifamily Property In Henderson, Nevada For $5.7M
811 Joyce Street, Henderson, Nevada, USA
$5,700,000
Units
42
Asset Type
MultiFamily
Closing
Dec 9, 2021
About this deal
AI
811 Joyce Street in Henderson, Nevada has been sold in a recent closed transaction. The property is a multifamily asset consisting of 42 units. The sale was facilitated by Robin Willett, Jason Dittenber, Devin Lee, CCIM, and Jerad Roberts of Northcap Commercial. The sellers were E3J Oakridge LLC and E3K Oakridge LLC.
Summary of transaction details
- Property Type: Multifamily
- Sale Price: $5,700,000
- Units: 42
- Price per Unit: $135,714
- Address: 811 Joyce Street, Henderson, Nevada
This deal highlights the collaboration between Northcap Commercial and the seller entities, E3J Oakridge LLC and E3K Oakridge LLC. The transaction, completed on 12/09/2021, showcases the expertise of brokers Robin Willett, Jason Dittenber, Devin Lee, CCIM, and Jerad Roberts in the Henderson, Nevada market.
Players
Henderson 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
2.78%
Cash-on-Cash
-0.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93