Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of a 16-unit apartment property located at 3878 Palos Verdes Street in Las Vegas, Nevada. The asset sold for $920,000, according to Todd R. Manning, regional manager of the firm’s Las Vegas office.
Marco A. Walton, Associate in Marcus & Millichap’s Las Vegas office, had the exclusive listing to market the property on behalf of the seller, a private investor. The buyer, a private investor, was secured and represented by Walton as well.