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REA
August 21, 2019  

3 Las Vegas Rental Complexes Pitched

A Las Vegas apartment portfolio worth about $220 million is being marketed to value-added investors.The package encompasses 1,163 units at three garden-style properties, built between 1988 and 1997. The overall occupancy rate is 95%. The estimated value works out to $189,000/unit. CBRE is marketing the portfolio for a partnership between apartment investor Bascom Group of Irvine, Calif., and Oaktree Capital of Los Angeles. Investors can bid on...


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