Construction
$23,850,000
North Las Vegas, NV | Single-family For-Rent

ABP Capital closed a $23.9MM construction loan for a single-family for-rent community located in North Las Vegas, NV. The property consists of a 15.4 AC site that will be improved by 185 single-family for-rent units amounting to 171,677 RSF. The property will feature various amenities including a community clubhouse, swimming pool, fitness center, and picnic/barbecue area. The Property will also contain 375 parking spaces, reflecting an overall parking ratio of 2.0 spaces per unit. Located approximately ten miles north of the Las Vegas Strip, the property is proximate to various employers, shopping centers, and the freeway system.