Property details
Las Vegas Multifamily Development Opportunities, Pacific West Region
Property Description
Las Vegas Multifamily Development Opportunities
Successful developer currently seeking a Joint Venture equity partner for 3 Las Vegas area multifamily projects.
The developer is willing to relinquish 50% of equity in each project to the joint venture partner.
Project 1: $18 million in equity plus points, fees and costs. Multi-Family Condos For Sale (79 Units) plus Retail / Mixed Use Multi-Family Condos (99 Units) (Live-Work Space w/ Storage Yard). Retail / Mixed Use Multi-Family Condos (99 Units) (Live-Work Space w/ Storage Yard) Mixed-use Development or often simply Live-work space is a type of urban development strategy for living spaces (housing) that blends residential, commercial, cultural, institutional, or entertainment uses, where those functions are physically and functionally integrated, and that provides pedestrian connections.
Project 2: $16 million in equity plus points, fees and costs. Combination of 2 projects, a standard multi-family apartment community consisting of 52 buildings, housing 416 apartment units, made up of 1, 2 and 3 bedroom units. This portion of the project will be built to be held for the term of 10 years to take advantage of the full tax benefits of the Federal Opportunity Zone.
Project 3: $5 million plus points, fees and costs. (3-5 Plex) Condos (38 Units) plus Retail / Mixed Use Multi-Family Condos (18 Units) (Live-Work Space). Retail / Mixed Use Multi-Family Condos (18 Units) (Live-Work Space) Mixed-use Development or often simply Live-work space is a type of urban development strategy for living spaces (housing) that blends residential, commercial, cultural, institutional, or entertainment uses, where those functions are physically and functionally integrated, and that provides pedestrian connections.
Images
Highlights
- Status:
- Available
- Price:
- $5,000,000
Property Information
- Property Type:
- Apartments
- Industry Type:
- Apartment - Multifamily
- Units/Spaces:
- 38
- Purchase Tenure:
- Fee Simple
Existing financing information
- N/A
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