Inland Real Estate Acquisitions purchases Las Vegas apartments

OAK BROOK - Inland Real Estate Acquisitions recently acquired The Wyatt Apartments, a 308-unit multifamily property located in Las Vegas, Nevada, approximately six miles west of Las Vegas Boulevard.

Financial terms of the acquisition were not announced.

The Wyatt Apartments consist of 26 two-story buildings containing 110 one-bedroom, 166 two-bedroom and 32 three-bedroom units. Built in 2015, each unit includes stainless steel appliances, nine-foot ceilings, ceiling fans, in-unit washer and dryer and a 50-inch flat screen smart TV. The property also features resort-style pools with cabanas, a 24-hour fitness center, a dog park, bike storage, an on-site cafe and a theater room.

As of the acquisition date, the property was 96 percent leased.

Mark Cosenza, senior vice president of Inland Real Estate Acquisitions, facilitated the transaction on behalf of an Inland affiliate.

"We are pleased to have closed on this high quality multifamily property that has strong demographics and is located in the growing southwest submarket along the I-215 corridor," said Cosenza. "Not only are The Wyatt Apartments in proximity to numerous retailers and restaurants, but the property is also a mile away from Dignity Health - St. Rose Dominican Hospital."