Northcap Commercial Multifamily Arranges Sale of Merlayne Villas for $2,800,000


Devin Lee, CCIMRobin WillettJerad Roberts, and Jason Dittenber,of Northcap Commercial Multifamily, are pleased to announce the recent sale of Merlayne Villas Apartments for $2,800,000 ($87,500/unit). This sale consisted of 32 multifamily units built in 1994, located at 409-417 E. Merlayne Drive in Henderson, Nevada.

This off-market transaction closed on August 23, 2018. Northcap Multifamily represented the Seller (HKAS, Ltd.).

For additional information, please contact:

Devin Lee, CCIM

Northcap Multifamily

(702) 943-1901

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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