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Paradise, NV | Multifamily | Closed on RealINSIGHT Marketplace

  • Oct 07, 2019
  • Marketplace Closings

Value-Add Multifamily Property In Opportunity Zone Sells For 3.5x The Reserve.

Palos Verdes Apartments Close on RealINSIGHT Marketplace

RealINSIGHT Marketplace is pleased to announce the sale of the Palos Verdes Apartments located in Paradise, Nevada.

Challenged with the task of selling the small, vacant 7-unit property, Marketplace joined forces with Sperry Commercial to aggressively market the property nationally and locally, reaching as many prospective buyers as possible; all while highlighting the upside of its mlocation in an opportunity zone.

The marketing efforts resulted in a buyer pool from six different states, pushing the bidding to a level well beyond even the seller’s most aggressive pricing expectations–more than 3.5x the reserve price.

Learn more about this auction property by visiting the asset page: Palos Verdes

Or contact us for more details at 800.915.7015