McCulloch Hall Properties LLC bought the 29-year-old 128-unit Cottonwood Creek Apartments at 3149 E. Desert Inn Road in Las Vegas for $4.5 million, or $35,156-per-unit, from CC Apartments LLC. NAI Sauter Companies’ Devin Lee, Robin Willett, Patrick Sauter and Art Carll represented the seller. Access Commercial Mortgage’s Andrew Hantges secured 50% of the financing through a regional lender on a 5-year, 4.79% fixed term basis.Cotton Creek Apartments Sold for $4.5 Million
McCulloch Hall Properties LLC bought the 29-year-old 128-unit Cottonwood Creek Apartments at 3149 E. Desert Inn Road in Las Vegas for $4.5 million, or $35,156-per-unit, from CC Apartments LLC. NAI Sauter Companies’ Devin Lee, Robin Willett, Patrick Sauter and Art Carll represented the seller. Access Commercial Mortgage’s Andrew Hantges secured 50% of the financing through a regional lender on a 5-year, 4.79% fixed term basis.
