Odessa, TX | Multifamily | Closes On RealINSIGHT Marketplace

  • Dec 04, 2019
  • Marketplace Announcements

100-Unit, 83% Occupied Multifamily Complex Sold For $5,000,000.

RealINSIGHT Marketplace is pleased to announce the sale of the Palos Verdes Apartments located in Paradise, Nevada.

Challenged with the task of selling the small, vacant 7-unit property, Marketplace joined forces with Sperry Commercial to
aggressively market the property nationally and locally, reaching as many prospective buyers as possible; all while highlighting
the upside of its location in an opportunity zone.

The marketing efforts resulted in a buyer pool from six different states, pushing the bidding to a level well beyond even the
seller’s most aggressive pricing expectations–more than 3.5x the reserve price.

Learn more about this auction property by visiting the asset page: Palos Verdes

Or contact us for more details at 800.915.7015