weather icon Clear

Two apartment complexes near Nellis sell for over $60M

Updated October 4, 2018 - 8:32 pm

A California developer bought two neighboring apartment complexes near Nellis Air Force Base for more than $60 million combined.

Westland Real Estate Group acquired Liberty Village, 4870 Nellis Oasis Lane, and Village Square, 5025 Nellis Oasis Lane, for $60.3 million total, according to an announcement this week from its broker on the deal, Las Vegas-based Northcap.

The properties have 1,129 units combined.

Long Beach, California-based Westland, led by President Yanki Greenspan, started buying multifamily properties in the Las Vegas area in 2010 and now owns nearly 10,000 units in the region, Northcap said.

Contact Eli Segall at esegall@reviewjournal.com or 702-383-0342. Follow @eli_segall on Twitter.

Don't miss the big stories. Like us on Facebook.