ABI Multifamily Brokers Las Vegas 74-Unit / 3-Property Multifamily Portfolio for Nearly $9 Million

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Las Vegas 74-Unit
Pictured from left to right: Murray Apartments (Blankenship Avenue), Chicago Apartments, and 216 W Philadelphia Avenue.

ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the sale of the Las Vegas 74-Unit Portfolio for a combined $8,985,894 / $121,431 Per Unit between 3 properties located in Las Vegas, Nevada.

ABI Multifamily’s Jason Dittenber, Josh McDougall, Anthony Marinello, and Bradley Gumm represented the seller in this transaction. The buyer and seller for this Las Vegas 74-Unit portfolio are based in Nevada.

The 1163 Blankenship Avenue Apartments is a 36-unit, garden-style apartment community in Las Vegas, Nevada. Built in 1976 and renovated in 2022, the property consists of five single-story buildings with 34 one-bed / one-bath units, 1 two-bed / two-bath unit, and 1 four-bed / 2-bath unit on a 1.49-acre site.

The Chicago Apartments is a 28-unit, garden-style apartment community in Las Vegas, Nevada. Built in 1955 and in 1960 with renovations applied 2021, the property consists of five single-story buildings with 20 one-bed / one-bath units and 8 two-bed / one-bath units on a 0.76-acre site.

The 216 West Philadelphia Avenue Apartments is a 10-unit, garden-style apartment community in Las Vegas, Nevada. Built in 1956 and renovated in 2020, the property consists of one single-story building with 8 one-bed / one-bath units and 2 two-bed / one-bath units on a 0.15-acre site

ABI Multifamily is a brokerage and advisory services firm that focuses exclusively on apartment investment transactions. With offices in Phoenix, Las Vegas, San Diego, and Tucson, the experienced advisors at ABI Multifamily have completed billions of dollars in sales and thousands of individual multifamily transactions. ABI Multifamily incorporates a global approach with regional real estate expertise to successfully complete any multifamily transaction, regardless of size and complexity.