Praedium Acquires N. Las Vegas Rental Community for $93M

Praedium Acquires N. Las Vegas Rental Community for $93M

In a recent transaction, The Praedium Group acquired LeVante at Valley Vista in North Las Vegas for $93 million. The property, previously owned by D.R. Horton, is situated on 18 acres and consists of 364 units.

The community offers a variety of housing options including 284 three-story garden-style units and 80 detached single-family casitas with private yards. These one-to-three-bedroom layouts range from 649 to1,390 square feet.

Residents can enjoy an array of amenities such as two swimming pools, a fitness center, outdoor recreation areas including pickleball and basketball courts, as well as a dog park with pet spa. Additionally,the property features EV charging stations and grade-level parking with546 spots.

Conveniently located at7618 N.Decatur Blvd., the community is only seven miles away from North Las Vegas Airportand less than20 milesfrom downtownLas Vegas.The neighborhoodis partofthe600-acreValleyVistamaster-plannedcommunity which also includes three parks,two walking trails,andbike pathsfor residents to enjoy.

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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