LAS VEGAS — Infinity Realty Advisors has purchased the combined Grandview and Sunwood apartments in Las Vegas for an undisclosed sum. The complex is located at 4255 W. Viking Road.
The complex contains a total of 708 units. It is the largest apartment deal in Las Vegas so far this year, according to Infinity Realty.
The complexes were built in 1981 and 1985. The occupancy rate is currently 96 percent.
The properties were formerly supervised by two separate management companies. They will be renamed the Viridian and Topaz apartments. The assets will be managed by Sunrise Management.
Infinity Realty Advisors was formed jointly by Asia Pacific Company and Jiangxi Hengmao Real Estate Development Co. Asia Pacific manages several properties in Las Vegas.