facebook

traded

+ Submit
Home

/

Deals

/

Nevada

/

Multifamily

/

Sale

/

Spanish Oaks Dr, Las Vegas,...

Next Wave Investors - Jordan Fisher Sells Multifamily Property In Las Vegas For $50M
SOLDMultiFamily

Next Wave Investors - Jordan Fisher Sells Multifamily Property In Las Vegas For $50M

Spanish Oaks Dr, Las Vegas, Nevada 89102, United States

$50,000,000

Building Size

Asset Type

MultiFamily

Closing

Jun 15, 2022

AI

Next Wave Investors, represented by Jordan Fisher, recently closed a multifamily property transaction in Las Vegas, Nevada. The property, located on Spanish Oaks Dr, was sold for a total price of $50,000,000. This sale demonstrates Next Wave Investors' continued investment in the Las Vegas market.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $50,000,000

The involvement of Jordan Fisher, representing Next Wave Investors, highlights the significance of this transaction. The sale of this multifamily property on Spanish Oaks Dr showcases the attractiveness of the Las Vegas market for real estate investment.

Players

Jordan Fisher

Next Wave Investors

Seller

$152.2M

vol

4 deals

Seller

Las Vegas MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.32%

Cash-on-Cash

-0.09%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93