Marcus & Millichap announced the sale of Villa Paradisa, a 32-unit apartment property located at 4757 Harrison Drive in Las Vegas, Nevada. The asset sold for $1,720,000, according to Todd Manning, regional manager of the firm’s Las Vegas office.
Michael L. Shaffner and Michael R. LaBar, both Vice President Investments in Marcus & Millichap’s Las Vegas office, had the exclusive listing to market the property on behalf of the seller, Mimosa Management, LLC, a limited liability company. The buyer, Cyrus Investment Group, LLC, a limited liability company, was secured and represented by Shaffner and LaBar as well.
