Nevada apartments sell for $31 million

Property located in Las Vegas suburb

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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. *** What's your opinion? Send your Letter to the Editor to