Two Las Vegas condos communities for sale in Henderson, NV real estate sold for $75.4 million. New owners felt bullish on the residential condos that where both in a competitive and active real estate market.
There were two dozen bids for purchase of the Las Vegas multifamily properties. Because of the competitive sales process the buyers had to close quick and shorten any contingencies.
The Henderson, NV properties that were included in the sale was Martinique Bay Condominiums at 300 High View Drive and The Crossing at Green Valley Condominiums at 2312 Green Valley Parkway.
The sellers were WLA Investments Inc. and Martinique Bay Apartments for Martinique Bay Condominiums: and WLA Investments Inc. and Crossing Apartments Las Vegas LLC for Crossing at Green Valley Condominiums.
The Martinique Bay was built in 1989 and purchased for $31.9 million. It is located on 13 acres of land with 256 units with rental space in the community of 278,840 square feet. The condos include 1,010 square foot one bedroom, two baths up to a 1,200 square foot three bedrooms, two baths home.
The Crossing at Green Valley was built in 1986 and was sold for $43.5 million. The 330,126 square foot community includes a fitness center, swimming pools and other resident amenities. There are a one bedroom, one bath model up to two bedrooms and two baths with 1,014 square feet on a total of 15 acres.
Two Las Vegas condos communities for sale in Henderson sold for $75.4 million