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MULTIFAMILY NEWS
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Vegas Multifamily Property Goes for $16.6 Mil

6/16/17

Flamingo Chateau, a 136-unit res property in Las Vegas, has sold for $16.6 mil ($122k/unit). The property is located at 6570 W. Flamingo Rd, west of I-15 and Las Vegas Blvd.

Flamingo Chateau was built in 1992. The property offers one- and two-bedroom floorplans that consist of fully-equipped kitchens, spacious walk-in closets, fireplaces, private balconies/patios along with in-unit washers and dryers.

Robin Willett, Devin Lee, CCIM, Jerad Roberts, and Jason Dittenber, of Northcap Multifamily represented the seller, Flamingo Garden Villas LLC, in the transaction, which closed May 22, 2017.





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