NAI Vegas Sells 258 Multifamily Units

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NAI Vegas’ Sauter Multifamily Group is pleased to announce the successful negotiation and sale of The Enclave @ University Towne Center, a 258 Unit Apartment Building located at 4801 Spencer St., Las Vegas, NV for $16,000,000 ($62,015 per unit) on 2-26-16.

The sale was an all cash closing; 45 day close.

Art Carll and Patrick Sauter represented the Seller, Nevada Springs, LLC and the Buyer, TMIF Acquisitions, LLC in the transaction.