Avison Young announced that the Sauter Multifamily Group, comprised of Principals Patrick Sauter, Art Carll-Tangora, and Steve Nosrat, based in the firm’s Las Vegas office closed the $15.4 million sale ($175,000 per unit) of Madison at Green Valley in Clark County, Nevada.
Located in the Green Valley North submarket in Henderson, Madison at Green Valley consists of 88 apartment units on just over 4 acres along Ramrod Avenue, with proximity to S. Mountain Vista Street and N Green Valley Parkway. Originally constructed in 1992, The asset provides a two-story garden-style apartment community featuring one- and two-bedroom floor plans with an average unit size of approximately 942 square feet. The property is situated near the Sunset Station Hotel and Casino and Galleria at Sunset.
Avison Young Sauter, Carll-Tangora, and Nosrat are pleased to have worked with the buyer, Brisas GD, LLC, and the seller, Pacifica Henderson, LLC, to facilitate the transaction of Madison at Green Valley.
“Based on our team’s experience and solid relationships with both buyers and owners, we were able to get this off-market deal over the finish line in less than 10 days. In this challenging environment, having the right team on your side that can navigate the process and be able to overcome the most complex hurdles, is a true differentiator” said Nosrat.
