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 The Enclaves, a 53-unit multi-family property located in Las Vegas, Nevada. The asset sold for $6,160,000.
The buyer, a limited liability company, was secured and represented by First Vice President Investments Michael LaBar and First Vice President Investments Michael Shaffner, of Marcus & Millichap’s Las Vegas office.
The Enclaves is located at 8455 West Sahara Avenue, in the highly-desirable West Las Vegas submarket, and features a mix of one- and two-bedroom units.