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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.



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