Northcap Commercial Multifamily Arranges Sale of Flower Terrace for $2,500,000

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Jason Dittenber, Jerad Roberts, Devin Lee, CCIM, and Robin Willett of Northcap Commercial Multifamily, are pleased to announce the recent sale of Flower Terrace Apartments for $2,500,000 ($62,500/unit). This sale consisted of 40 multifamily units built in 1963, located at 225 Flower Ave in Las Vegas, Nevada.

This off-market transaction closed on July 11, 2018. Northcap Multifamily represented the Seller (Propriety Redux, LLC).

For additional information, please contact:

Jason Dittenber
Northcap Multifamily
jason@northcap.com
(702) 943-1915
1127 S. Rancho Drive
Las Vegas, NV 89102

Northcap is a Las Vegas-based, international real estate companyfocused 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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