The 234 Apartment

LAS VEGAS, NV – 29th Street Capital (29SC), a privately- held real estate investment and advisory firm, has acquired Woodlake Villas Apartments , a 218- unit multifamily community in Las Vegas, Nevada. 29SC plans to implement a $1. 9 million capital improvement program to renovate unit interiors , enhance the property’s exterior and curb appeal and improve the amenity package. 29SC will also implement energy-efficient upgrades through the Freddie Mac Green financing program .The Las Vegas market has experienced significant economic improvements in recent years. In 2016 alone, the Las Vegas market ranked third in rent growth (Axiometrics), added 24,800 jobs and had a positive net migration of 40,000. Additionally, the Las Vegas MSA reported millennial population growth of 3.0% in 2016, which ranked the highest in the U.S.  “We are very pleased with the addition of Woodlake Villas to the 29SC portfolio and our expansion into the ever- improving Las Vegas market ,” said...

Welcome to Curbed Comparisons , a column that explores what one can rent or buy for a set dollar amount in various cities across the U.S. In our recurring exploration of what the real estate market looks like in various major U.S. cities, we’ve already looked at what kind of home you can get for $250,000, $500,000, and $1 million. Now it’s time to turn our attention to rentals, starting with a middle-of-the-road rent of $1,500 a month. As you’ll see in the listings spotlighted below, $1,500 a month should be able to rent at least a comfortable one-bedroom in most cities. But of course, the inventory reduces to studios of various styles and conditions in both the notoriously expensive cities like New York and San Francisco, as well as increasingly in-demand places like Portland, Oregon. Take a closer look. Atlanta, GA 3 beds, 2 baths, 1,404 sq.ft. — Cute as a button, this petite house in Atlanta’s historic West End neighborhood comes newly renovated with hardwood floors , tiled bat...