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The Enclaves Trade for $6.2M in Las Vegas

Private Investors Acquires 53-Unit Multifamily Bldgs.
January 8, 2018
Dalrose LLC and Nanced LLC, private limited liability companies, partnered to purchase The Enclaves in Las Vegas, NV from TECC LLC for $6.16 million, or approximately $116,000 per unit.
The Class B apartment community delivered in 1990 at 8455 W. Sahara Ave. in Las Vegas, NV across from the Canyon Gate Country Club and is seated within 12 miles of the McCarran International Airport. The two-story 17-building apartments are a mix of individually-owned condos and rentals, of which 53 units were part of the transaction. The property has 336 parking spaces, 180 covered spaces and 156 surface spaces, and occupies nine acres of land in Clark County. The Enclaves feature amenities including a pool, spa, fitness center and a clubhouse.
Michael LaBar and Michael Shaffner of Marcus & Millichap represented the buyer.
Please see CoStar COMPS #4096241 for more information on this transaction.

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