Camino Verde Group is pleased to announce it has acquired another workforce-housing property in the Las Vegas Convention District, The Desert Inn Apartments.
Built in 1963, the Desert Inn Apartments are comprised of 36 spacious one-bedroom, two-bedroom and three-bedroom floor plans. Desert Inn Apartments sit on 0.89 acres in four garden-style buildings, totaling 27,400 sq. ft. offering large kitchens and closets. This community is ideally situated in the heart of Las Vegas, less than one-half mile from the Las Vegas Convention Center.
“This area by the Las Vegas Convention Center and the north end of the Las Vegas Strip make it ideally suited for affordable workforce housing,” said Ballard. “There is significant construction near these properties that are creating jobs, including Resorts World, the Drew, the Majestic Las Vegas Resort and $980-million expansion of the Las Vegas Convention Center. Those four projects should add more than 20,000 jobs and are all within walking distance of our new community.
“The Desert Inn Apartments is located near the Monorail and other major transit lines, making transportation throughout the city easy for residents,” said Ballard. “Priced below $900 on average, these units are designed to be workforce housing, for which there is a significant need.