Thursday, January 26, 2012

NAI Alliance Sold 24-Unit Apartment Project

www.NAIAlliance.com
Press Release: Multi-Family

775 336 4600


Morgan Walsh with the Multi-Family Group at NAI Alliance, represented the Seller in the sale of Locust Canyon Apartments, a 24-unit bank-owned apartment property. The apartments sold for $400,000 ($35/SF) on occupancy of 38%. The buildings were constructed in 1978, renovated in 1985 and are located at Locust and Grand Canyon, east of Wells Avenue and north of Plumb Lane, Reno, Nevada.

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