Valley apartment sales will skyrocket in 2012, as lenders continue listing reclaimed properties, said Marcus & Millichap. Out-of-state bargain hunting investors are focusing on discounted Class B assets in the suburbs, which can start as low as $15,000 per unit, and Class C properties with 50-plus units in central Las Vegas. The latter should register occupancy gains this year amid growth in the leisure and hospitality sector. For the full report, CLICK HERE.Marcus & Millichap: Apartment Sales Set to Soar
Valley apartment sales will skyrocket in 2012, as lenders continue listing reclaimed properties, said Marcus & Millichap. Out-of-state bargain hunting investors are focusing on discounted Class B assets in the suburbs, which can start as low as $15,000 per unit, and Class C properties with 50-plus units in central Las Vegas. The latter should register occupancy gains this year amid growth in the leisure and hospitality sector. For the full report, CLICK HERE.
