Las Vegas apartment complex near UNLV sold for $104M
A 1970s-era apartment complex near UNLV has sold for more than $100 million, property records indicate.
Chicago real estate firm Waterton announced Thursday it acquired the 456-unit Vegas Towers on Flamingo Road near Maryland Parkway.
The complex was built in 1974 and consists of two 10-story towers, Waterton said.
It did not disclose the purchase price, but Clark County records indicate Vegas Towers traded for $104 million.
Waterton’s purchase follows its acquisition of two Southern Nevada apartment complexes last year. At the time, it said the deals marked its re-entry into the valley’s real estate market, having sold its last property here in 2017.
Contact Eli Segall at esegall@reviewjournal.com or 702-383-0342. Follow @eli_segall on Twitter.