Northcap Commercial Arranges Sale of Skyline Villas Apartments for $11,450,000

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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 Skyline Villas Apartments for $11,450,000 ($121,809/unit). This sale consisted of 94 multifamily units built in 1962, located at 3501 S. Maryland Parkway in Las Vegas, Nevada. This is a record sales price for a property of this vintage.

 

This transaction closed on May 28th, 2021. Northcap Multifamily represented the Seller, Dumont 94 LLC.

 

For additional information, please contact:

 

Devin Lee, CCIM

Northcap Multifamily

devin@northcap.com

(702) 369-8618

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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