Northcap Commercial, is pleased to announce that principals Robin Willett, Devin Lee, CCIM, and Jerad Roberts, based in the firm's Las Vegas office, finalized the $33.5 million sale ($173,575 per unit) of the Intrigue Apartments, consisting of 193 units built in 1986 located at 4600 Vegas Drive in Las Vegas, Nevada (Clark County).
This fully marketed transaction closed on October 25th, 2023. 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 Jerad Roberts are pleased to have represented the Seller, Andiamo Apts Nevada LLC & WU Andiamo LLC, and procured the Buyer, Las Vegas Intrigue LLC for the transaction.
“Despite some of the most difficult market conditions in the last 12 years, we were glad to have successfully brought this complex transaction to a close. Our many years of experience and extensive understanding of how to anticipate today’s everchanging economic landscape were critical in delivering this homerun for the buyer and seller.” Quotes Willett
Located in the Las Vegas – Central West submarket, Intrigue Apartments consists of 193 apartment units on just over 6.56 acres near the corner of Vegas Drive and Decatur Blvd, just up from the I-95 Freeway. Originally constructed in 1986, the asset provides a two-story garden-style apartment community featuring one and two bedroom floor plans with an average unit size of approximately 771 square feet.
For additional information, please contact:
Robin Willett
Northcap Commercial
This email address is being protected from spambots. You need JavaScript enabled to view it.
(702) 586-8800
Tivoli Village – 400 S. Rampart Blvd., Suite 220
Las Vegas, NV 89145
Northcap Commercial is a Las Vegas-based, international real estate company focused on acquisition, strategic structuring, brokerage and property management. Las Vegas’s premier multifamily real estate team consists of veterans Devin Lee, CCIM, Robin Willett, Jerad Roberts and John Tippins, who form the city’s most seasoned team of multifamily specialists. The group, which has more than four billion dollars of transactions between them, comprise Northcap Commercial’s Multifamily Division. As a dedicated investment sales team, the company utilizes a trusted global service platform with local market expertise to deliver exceptional results for their clients. 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.
