Friedman Integrated Real Estate Solutions, one of the nation’s leading providers of commercial real estate services, recently sold a 160-unit multi-family community via Auction.com in Sunrise Manor, Nevada. Partnering with US National Commercial in Nevada, Barry Swatsenbarg, National Director, Investment & Loan Sale Advisory Services and Rich Deptula, Senior Vice President, Investment & Loan Sale Advisory Services, represented the seller at auction.
Pecos Pointe Apartments, located at 1650 North Pecos Road in Sunrise Manor, Nevada, is a stable multi-family community made up of (10) two-story and three-story apartment buildings and (1) community center building. Constructed in 1996, the 8.58-acre site sits in a residential area of North Las Vegas. Currently 90.63% occupied, the community is comprised of two and three-bedroom, garden-style apartment units and feature private entrances with private balcony or patio as well as washer/dryer hookups. Amenities include an outdoor pool and Jacuzzi, children’s play area, covered parking, and a separate laundry facility. Pecos Pointe Apartments is conveniently positioned in close proximity to the area’s major transportation routes, notable locations, employment and retail centers, and is easily accessible to McCarran International Airport.
“Pecos Pointe Apartments is an excellent investment. This asset offers the opportunity to acquire an extremely stable, multi-family community with high occupancy in a prime suburban location of Las Vegas,” said Swatsenbarg.
ABOUT FRIEDMAN INTEGRATED REAL ESTATE SOLUTIONS
Recognized as one of the largest privately-held commercial real estate organizations in the nation, Friedman Integrated Real Estate Solutions provides clients with a single point of contact for the full range of services it offers.
Friedman manages over 140 facilities encompassing more than 16M SF of commercial and 7,000 multi-family units across the country. Friedman’s brokerage team has over 800 current listings with $10 billion in closed transactions. As owners and managers of commercial property for 25 years, Friedman understands what it takes to achieve results that maximize the client’s objectives.
For more information, please visit: www.friedmanrealestate.com.
