Promenade at Sahara

Multifamily INVESTMENT

Promenade at Sahara

Investment lead: Dusty Eddy | deddy@29SC.com

MARKET

Las Vegas, NV

UNITS

312

YEAR BUILT

1983

DATE ACQUIRED

2018

Disposition Year: 2019

SOLD IRR: 53.7% Multiple: 1.9x

INVESTMENT OVERVIEW

29SC sold Promenade in Sahara, it was the third acquisition in the Las Vegas market. 29SC's Strategy was to upgrade the units, improve the property's amenities, cure deferred maintenance, and bring rents up to market.

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Disclaimer: Nothing in this website is a solicitation or offer to buy any security or service offering of any 29th Street Capital affiliated entity and nothing in this website should be deemed or interpreted to the contrary. In addition, nothing in this website is, or should be deemed or interpreted to constitute, a recommendation to purchase any security or to otherwise participate in any offering of securities. Furthermore, nothing in this website constitutes, or should be deemed or interpreted to constitute, investment advice or any recommended investment strategy. No 29th Street Capital affiliated entity provides investment advice, and its investors are solely responsible for determining whether any particular investment is appropriate under their financial objectives and circumstances.

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