Sold.

Patrick Sauter, Art Carll-Tangora and Steve Nosrat of the Sauter Multifamily Advisors at NAI Vegas are pleased to announce the sale of Las Vegas Grand Apartments, a 212 unit complex located at 818 E Flamingo Road, Las Vegas, NV 89119. The property sold for $47,600,000 ($224,528 per door) on November 14, 2019. NAI Vegas was pleased to have represented 3D Investments, LLC as the buyer. Las Vegas Grand Apartments is the latest of recent multifamily transactions closed by Sauter Multifamily Advisors.

Details.

  • $47,600,000 Sale Price

  • $224,528 Per Unit

  • Class A Community

  • Built in  2008

  • Date Sold: 11/14/2019

About NAI Vegas

NAI Vegas and the Sauter Multifamily Advisors is a member of NAI Global with over 400 offices and 7,000 professionals covering nearly every major market nationally and across the globe. NAI Vegas has a long history of investment transactions in the Las Vegas market with a focus on multifamily. NAI Vegas has been involved in over $2 billion dollars in transactions including multifamily, office, retail, industrial, and land.