Patrick Sauter, Art Carll-Tangora, and Steve Nosrat of the Sauter Multifamily Group at Avison Young are pleased to announce the sale of Point on Flamingo, a 189-unit complex located at 939-969 E. Flamingo Rd, Las Vegas, Nevada. The Sauter Multifamily Group was pleased to have exclusively represented the seller, 939 Flamingo, LLC in the sale of the property to the Buyer, Laguna Point, LLC. The property sold for $21,700,000 ($114,815 per door) on August 6, 2020. The Point on Flamingo is the latest multifamily transaction closed by the Sauter Multifamily Group.