Northcap Commercial Arranges Sale of 11.33 Acres of Land for $5,377,268

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Devin Lee, CCIM, Robin Willett, Jerad Roberts, and Jason Dittenber of Northcap Commercial are pleased to announce the recent sale of 11.33 Acres of land (formerly the site of the Moulin Rouge Casino) for $5,377,268 ($474,604/acre).   This sale consisted of $3.1 million in cash to the seller and assumption of various city liens.  The 11.33 acres of land is located at 840 & 920 W. Bonanza Road and 901 & 1001 McWilliams Ave in Las Vegas, Nevada.

This transaction closed on December 4th, 2020. Northcap Commercial represented the Seller, Resource Transition Consultants, LLC, on this sale.

For additional information, please contact:

Devin Lee, CCIM

Northcap Commercial

devin@northcap.com

(702) 943-1901

Tivoli Village

400 S. Rampart Blvd., Suite 220

Las Vegas, NV 89145

Northcap is a Las Vegas-based, international real estate company focused on acquisition, brokerage and property management. Founded by John Tippins, the company offers an array of services extending into residential and commercial property management, sales and advisory roles. As a brokerage, Northcap’s team has closed on nearly $3 billion in transactions. Northcap is a premier real estate operator that holds the distinction of being named to Forbes Travel Guide. Northcap is also actively involved in their home community with the Downtown Las Vegas Alliance, Fremont Street East Entertainment District, the City of Las Vegas, the UNLV College of Business Board, UNLV Advisory Board and Helping Hands of Vegas Valley.

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