Jerad Roberts, Devin Lee, CCIM and Robin Willett of Northcap Commercial are pleased to announce the recent sale of the 610 and 612 S. 11th Street Apartments for $1,125,000 ($140,625/unit). This sale consisted of 8 units built in 1953, located at 610 and 612 S. 11th Street in Las Vegas, Nevada. This transaction closed on September 6th, 2022. Northcap Commercial represented … [Read more...] about Northcap Commercial Arranges Sale of 610 and 612 S. 11th St Apartments for $1,125,000
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Northcap Commercial Arranges Sale of Stax Studios for $8,650,000
Devin Lee, CCIM, Robin Willett and Jerad Roberts of Northcap Commercial are pleased to announce the recent sale of the Stax Studios for $8,650,000 ($196,591/unit). This record price sale for downtown studios consisted of 44 units built in 1963, fully renovated in 2019, located at 501 S. 10th Street in Las Vegas, Nevada. This transaction closed on August 22nd, 2022. Northcap … [Read more...] about Northcap Commercial Arranges Sale of Stax Studios for $8,650,000
Northcap Commercial Arranges Sale of Nevso Cove Apartments for $16,280,000
Robin Willett, Devin Lee, CCIM and Jerad Roberts of Northcap Commercial are pleased to announce the recent sale of the Nevso Cove Apartments for $16,280,000 ($290,714/unit). This sale consisted of 56 units built in 2001 located at 8780 W. Nevso Drive in Las Vegas, Nevada. This off-market transaction closed on July 12th, 2022. Northcap Commercial represented the … [Read more...] about Northcap Commercial Arranges Sale of Nevso Cove Apartments for $16,280,000
Nevada’s Residential Market: A Season of Change
For the last two years, Nevada’s residential housing market has seen substantial rebound, with significant effect on prices. Lowered median home prices have created low inventory and a seller’s market, which in turn impacted distressed properties and neighborhoods. “People are a lot smarter today, having learned from mistakes that occurred in the market; buyers are much … [Read more...] about Nevada’s Residential Market: A Season of Change