Patrick K. Willis Sells Mansion In Henderson, NV For $13.3 Million With Ivan Sher As The Broker
681 Tranquil Rim Court
$13,300,000
$738/SF
Building Size
18,000 SF
Asset Type
Single Family
Closing
Aug 12, 2026
AI
A single-family home located at 681 Tranquil Rim Court in Henderson, NV, has been sold for $13.3 million. This property features an expansive 18,000 square feet of living space, with a price per square foot of $739.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $13,300,000
- Seller: Patrick K. Willis
- Broker: Ivan Sher - IS Luxury
- Market: Henderson, NV
- Sale Date: 08/12/2026
- Previous Sale Price: $10,250,000
- Previous Sale Year: 2024
Ivan Sher of IS Luxury represented the property in the sale, facilitating the transaction for seller Patrick K. Willis, who is the owner of American Recovery Services. The buyer remains undisclosed.
Players
Henderson Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.19%
Cash-on-Cash
-0.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93