Northcap Commercial Arranges Sale of Summer Place Apartments for $12,185,000

18 November 2021

This email address is being protected from spambots. You need JavaScript enabled to view it.This email address is being protected from spambots. You need JavaScript enabled to view it.This email address is being protected from spambots. You need JavaScript enabled to view it. and This email address is being protected from spambots. You need JavaScript enabled to view it. of Northcap Commercial are pleased to announce the recent sale of the Summer Place Apartments for $12,185,000 ($108,795/unit). This sale consisted of 112 units built in 1979 located at 27 N. 28th Street in Las Vegas, Nevada.

 

This transaction closed on November 5th, 2021. Northcap Commercial represented the Seller, Ramar Property LLC, on this sale.

 

"The Northcap Multifamily team took great care in my listing and hit it out of the park for me again with this transaction.  With their assistance, I increased my property value 80% in only 18 short months.  I will be sure to us the Northcap team on my next transaction." – Ramar Property LLC   

 

For additional information, please contact:

 

Jason Dittenber

Northcap Commercial

This email address is being protected from spambots. You need JavaScript enabled to view it.

(702) 943-1915

Tivoli Village

400 S. Rampart Blvd., Suite 220

Las Vegas, NV 89145

 

Northcap is a Las Vegas-based, international real estate company focused 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 $3.5 billion in transactions. Northcap is a premier real estate operator that holds the distinction of being named to Forbes Travel GuideNorthcap 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.