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Las Vegas

Updated Dec 19, 2023

Max Pacioretty Sells Las Vegas Mansion For Record-Breaking $11M
SOLDMultiFamily

Max Pacioretty Sells Las Vegas Mansion For Record-Breaking $11M

Las Vegas

$11,000,000

$1,080/SF

Building Size

10,181 SF

Asset Type

MultiFamily

Closing

May 5, 2023

About this deal

AI

Max Pacioretty, NHL winger, has sold his luxurious six-bedroom mansion in The Ridges community of Las Vegas for a record-breaking price of $11 million. This sale sets a new benchmark for the area, making it the most expensive sale ever in The Ridges community and the highest sale price in the greater Las Vegas area this year. The property spans over 10,000 square feet, offering ample space for comfortable living. It boasts a wine cellar, personal gym, and even a built-in hockey practice surface, catering to Pacioretty's professional needs.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $11,000,000
  • Market: Las Vegas, Nevada
  • Asset Type: Single Family
  • Acres: 0.51
  • Seller: Max Pacioretty
  • Brokers: Madison Blau & Anthony Spiegel - IS Luxury
  • SF: 10,181
  • PPSF: $1,080

The sale of this stunning property was facilitated by Madison Blau and Anthony Spiegel of IS Luxury, who represented Max Pacioretty in the transaction. Their expertise and connections in the real estate market were instrumental in achieving the record-breaking sale. With their guidance, Pacioretty was able to secure an exceptional deal for his property.

Players

Madison Blau

Broker

$11M

vol

1 deal

Broker

Las Vegas MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $1.1K per square foot on a published $11M for 10,181 square feet (2023).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.44%

Cash-on-Cash

-0.41%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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