Urbanity Apartments
Michael Albanese of NAI Vegas is pleased to announce the sale of Urbanity Apartments, an 8 unit complex located in downtown Las Vegas at 319 N 11th St. Michael Albanese was pleased to have exclusively represented the seller in the sale of the property. The property sold in under 60 days for $1,010,000 ($126,250 per door) on December 11th, 2020. Urbanity Apartments is the latest of recent multifamily transactions closed by The Albanese CRE Group, LLC.
NAI Vegas is a leading provider of commercial real estate services in the West. Operating as NAI Vegas in Nevada and NAI Excel in Utah and Idaho, we are part of the NAI Global network of over 400 offices and 7,000 professionals covering nearly every major market nationally and across the globe.
Michael Albanese
With over 12 years of Multifamily Management, Michael brings a wide range of skills and experience tailored towards Multifamily investing. With his knowledge of the local market, sales/rental trends, performance obstacles, multifamily specific financials, and asset capital scopes/ROI, Michael offers a unique insight into Multifamily Value add opportunities for his clients and potential investors.