Northcap Commercial Arranges Sale of Rochelle Rochelle Apartments for $8,400,000

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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 the Rochelle Rochelle Apartments for $8,400,000 ($140,000/unit). This sale consisted of 60 units built in 1983 located at 1880 E. Rochelle Ave and 4265 S. Bruce Street in Las Vegas, Nevada. The buyer has extensive renovation plans for this value-add opportunity.

 

This transaction closed on October 25th, 2021. Northcap Commercial represented the Seller, TSV Crossroads at Rochelle 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 $3.5 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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