The Milo (Park Place Apartments) in Las Vegas, NV

Project Details

Location
Las Vegas, NV
Property Type
Multifamily
Size
152 Units
Vintage
1990
Purchase Price
$17,000,000

Purchased for $17 Million

Adding value with rebranding and renovations.

Value-Add Business Plan

  • Pursuant to the business plan, CWCIM has executed a complete rebranding of the property including name, signage, and website (The Milo, formerly Park Place Apartments).
  • CWCIM has implemented RUBS and cable charges, completed a roach remediation program, signed a contractor for the clubhouse renovation (to be completed in Q1 2020), and renovated 11 unit interiors. CWCIM anticipates renovating the remaining unit interiors upon roll.

About CW Investment Management

Our team of commercial real estate experts utilize decades of experience to generate high returns on investments. With integrity and attention to detail, we build real value and relationships.

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