Northcap Commercial Arranges Sale of St. Louis Suites for $8,300,000

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Robin Willett, Devin Lee, CCIM, Jerad Roberts and Jason Dittenber of Northcap Commercial are pleased to announce the recent sale of the St. Louis Suites for $8,300,000 ($90,217/unit). This sale consisted of 92 units built in 1963 located at 525 E. St. Louis Ave in Las Vegas, Nevada.

This all-cash transaction closed on August 18th, 2021. Northcap Commercial represented the Seller, Balubhai Patel Revocable Trust, on this sale.

For additional information, please contact:

Robin Willett

Northcap Commercial

robin@northcap.com

(702) 586-8800

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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