Nevada apartments sell for $31 million

Hendricks & Partners negotiated the sale of Cabo, a 360-unit apartment community in Henderson, Nev.

The value of the transaction was approximately $31.3 million.

The property is located at 2120 Ramrod Ave.

Deerfield, Ill.-based Cabo Associates LP sold the property to Phoenix, Ariz.-based VIF Broadstone Green Valley LLC. 

Hendricks & Partners is a national advisory firm focused exclusively on the sale of multifamily properties.

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