The ConAm Group has acquired South Valley Ranch, a 292-unit apartment community located in Henderson, Nevada, for $54 million.
Built in 1997, South Valley Ranch is situated on 17.37 acres and consists of 37 two-story buildings. Each unit includes its own patio/balcony. The unit mix includes 104 one-bedroom units, 164 two-bedroom units and 24 three-bedroom units. On-site amenities include a swimming pool, fitness center, business center, playground, BBQ area, carports and garages.
Glenn Dulaine of Realty Executives SNV represented the buyer in the deal.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.