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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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