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9750 Peace Way

Rob Singh Of ConAm Group Acquires Reverb At Spring Valley Multifamily In Las Vegas For $43M
SOLDMultiFamily

Rob Singh Of ConAm Group Acquires Reverb At Spring Valley Multifamily In Las Vegas For $43M

9750 Peace Way

$43,000,000

Units

180

Asset Type

MultiFamily

Closing

Jul 29, 2025

AI

The asset involved in this transaction is a multifamily property located at 9750 Peace Way in Las Vegas, consisting of 180 units. It was sold for $43 million, translating to a price per unit of $238,889. This acquisition reflects a significant investment in the Las Vegas market.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $43,000,000
  • Units: 180
  • Price per Unit: $238,889
  • Buyer: Rob Singh - ConAm Group
  • Seller: James O. Buckingham - TA Realty

Rob Singh, representing ConAm Group, has overseen this transaction as part of their strategic expansion, with this acquisition marking the fourth investment through their Strategic Investments Fund IV LP, which has garnered over $136.2 million in investor commitments.

Players

CG
ConAm GroupBuyer

Las Vegas MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.37%

Cash-on-Cash

-0.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93