A San Diego company has picked up another Las Vegas Valley rental complex.
Sunroad Enterprises acquired The Townhomes at Horizon Ridge, a 296-unit complex at 540 W. Horizon Ridge Parkway in Henderson, property records show.
The $64.1 million sale, by Seattle-based Security Properties and New York Life Insurance Co., closed last month.
Listing brokers with ARA Newmark announced the deal.
The property spans 26 acres, and its units are all townhouses with attached two-car garages, according to a marketing brochure, a rare amenity for a valley rental complex.
The sales price amounts to about $216,550 per unit. By comparison, investors have paid an average of around $144,200 per unit for Southern Nevada apartment complexes this year, according to brokerage firm Colliers International’s second-quarter report.
Efforts to speak with Sunroad about its latest purchase were unsuccessful Thursday.
Contact Eli Segall at email@example.com or 702-383-0342. Follow @eli_segall on Twitter.