Skyline Canyon Apartments/3300 Skyline Blvd.
Address
Skyline Canyon Apartments/3300 Skyline Blvd.
City/State:
Reno, Nevada - NV
Size:
204 Unit
Property type:
Multifamily
Status:
SOLD
Transaction Date:
08/09/2019
Buyer:
Elan Multifamily Investments
Seller:
Oakmont Properties
Broker:
Marcus & Millichap
Price:
$37,550,000
Price per unit /sqft:
$184,068
Note:
The property, which 95 percent occupied, serves as collateral for $20.23 million of debt that's securitized through FREMF, 2017-K725. The loan has a fixed rate of 4.76 percent coupon and is locked out from prepayment until October 2023.
