PYRAMID APARTMENTS SELLS FOR $30.25 MILLION

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NORTH LAS VEGAS, NEV. — San Francisco-based Heritage Associates has acquired Pyramid Apartments, a 304-unit apartment complex located at 7055 E. Lake Meade Blvd. in North Las Vegas. Los Angeles-based National Commercial Ventures sold the property for $30.25 million. The property offers one- and two-bedroom apartments featuring electric gourmet kitchens, hardwood floors, washers/dryers, walk-in closets, intrusion alarms and mirrored closet doors. Additionally, the community offers a racquetball court, high-speed Internet access, a clubhouse and a fitness center. Christopher Bentley of The Bentley group represented both parties in the transaction.

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