Rock Crest Portfolio Multi-Family FOR SALE


Las Vegas, NV - Michael Way | 
$26,650,000 USD
949-230-8342
, Las Vegas, NV for Sale
$26,650,000 USD
Multi-Family - FOR SALE
1/10
null | 5.84% Cap Rate

Rock Crest Portfolio
Las Vegas, NV
Michael Way


HIGHLIGHTS

  • Portfolio Scale: Combines 180 units across three distinct multi-family communities, creating a broader operating platform.
  • Housing Diversity: Offers a broad range of residential products, including studio, 1-bedroom, 2-bedroom townhome-style, and 3-bedroom residences.
  • Neighborhood Investment: Each property is located near meaningful mixed-use redevelopment and infrastructure investments.
  • Ownership Flexibility: Green Acres, Green Tree, and Sandpointe may be acquired individually or together as a combined portfolio.

OVERVIEW

The Holden Group of Marcus & Millichap, as the exclusive listing group, is pleased to present the Rock Crest Portfolio, a three-property multifamily offering totaling 180 units across Las Vegas. The portfolio includes Green Tree, a 72-unit community with one-bedroom residences and a majority of two-bedroom townhome-style units, Green Acres, a 60-unit community offering studio, one-bedroom, and two-bedroom floor plans, and Sandpointe, a 48-unit community consisting entirely of three-bedroom, two-bath residences. The properties span multiple construction vintages and residential configurations, providing exposure to a broad range of renter profiles and housing needs. The three communities are located across distinct areas of the Las Vegas Valley, providing access to a varied mix of employment centers, neighborhood services, retail, schools, recreation, and transportation corridors. Green Tree benefits from its East Las Vegas location near Downtown Las Vegas and the planned Desert Pines redevelopment, while Green Acres is positioned near Hylo Park and established retail and community amenities. Sandpointe provides southeast Las Vegas exposure within a corridor receiving significant transportation and infrastructure investment focused on mobility, accessibility, and neighborhood connectivity. This geographic distribution gives the portfolio exposure to multiple demand drivers while maintaining convenient access to major destinations throughout the metropolitan area. The Rock Crest Portfolio combines portfolio-level scale with differentiated individual asset characteristics and flexible acquisition options. Green Tree, Green Acres, and Sandpointe may be acquired individually or together as the Rock Crest Portfolio, allowing investors to pursue either a single-asset or portfolio-level ownership strategy. At the portfolio level, the combined 180-unit platform support management and operating efficiencies, while the varied unit mixes, property vintages, locations, and configurations provide meaningful diversification across distinct residential products. Together, the portfolio’s acquisition flexibility, established operations, differentiated housing types, and proximity to ongoing public and private investment create a well-rounded Las Vegas multifamily offering suited to a range of ownership strategies. *Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent for a copy of the Offering Memorandum.*

ASK ABOUT THIS PROPERTY

Drew HoldenMarcus & MillichapMore Info
949-230-8342

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Drew HoldenMarcus & MillichapMore Info
949-230-8342

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.