Marcus & Millichap negotiated the sale of Sahara Gardens Apartments in Las Vegas.

The value of the transaction was $15.8 million.

Sahara Gardens is located a 4801 E. Sahara Drive. The sale includes 273,920 rentable square feet on approximately 13 acres. The 312-unit community was constructed in 1983 and recently refurbished.

Dallas, Texas-based Westdale Sunbelt Properties sold the property to a San Francisco-based investment partnership.

Encino, Calif.-based Marcus & Millichap is a commercial real estate brokerage.

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