Spectrum Apartments Fetches $38+ Million

spectrumThe Bascom Group purchased the 252 Unit Spectrum Apartments located at 9242 W. Russell Road in Las Vegas.  Built in 2010, the property sold for $38,350,000 ($152,183/unit) and sold at a 5.2% CAP.  Patrick Sauter and Art Carll of NAI Vegas’ Sauter Multifamily Group represented the seller, Tilden-Spetrum LLC.

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