Tower 16 Capital Partners Acquires Multifamily Property In Sparks, NV For $43M

955 Avenue Of The Oaks

MultiFamily

152,798 SF

Sold 77 days ago

Summary

Sale

NEVADA

MultiFamily

152,798 sqft

The multifamily property located at 955 Avenue Of The Oaks in Sparks, NV, was recently sold for $43,000,000. This property comprises 209 units with a price per unit of $205,742. The total square footage of the property is 152,798, resulting in a price per square foot of $281.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $43,000,000
Buyer: Mike Farley & Tyler Pruett - Tower 16 Capital Partners

The sale of this multifamily property was facilitated by Mike Farley & Tyler Pruett representing Tower 16 Capital Partners in the transaction.

Details

Deal Summary

SOLD

IMAGE: Mike Farley & Tyler Pruett DATE: 02/16/2024 ADDRESS: 955 Avenue Of The Oaks MARKET: Sparks, NV ASSET TYPE: Multifamily BUYER: Mike Farley & Tyler Pruett - Tower 16 Capital Partners SALE PRICE: $43,000,000 UNITS: 209 ~ PPU: $205,742 SF: 152,798 ~ PPSF: $281

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Address955 Avenue Of The Oaks

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