ConAm Group Closes Apartment Buy for $54M
The investor buys South Valley Ranch, a 292-unit apartment community located in Henderson, Nevada.
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.