SOLD
Morningstar Properties Acquires Self Storage Property In Henderson, Nevada For $19.5M
1650 West Horizon Ridge Parkway
Self Storage
102 SF
102 SF
Sold 1 year ago
Summary
Sale
NEVADA
Self Storage
102 sqft
The self-storage property located at 1650 W. Horizon Ridge Parkway in Henderson, Nevada has been sold for a price of $19,500,000. The asset comprises approximately 4 acres of land and spans 102,699 square feet. The transaction took place on 12/13/2022.
Summary of transaction details
- Property Type: Self Storage
- Transaction Amount: $19,500,000
- Address: 1650 W. Horizon Ridge Parkway
- Market: Henderson, Nevada
- ACRES: 4
The buyer of the property was Morningstar Properties, while HPI Real Estate acted as the seller. The sale was facilitated by brokers Bill Bellomy, Michael Johnson, Logan Foster, and Hugh Horne from Versal. First-Citizens Bank & Trust Co. provided the financing for the transaction. The property consists of 1,263 units with an average price per unit of $15,439. The price per square foot for the property is $190.
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2
Agents
1
Agencies
1
Details
SOLD
IMAGE: Bill Bellomy, Michael Johnson, Logan Foster & Hugh Horne
DATE: 12/13/2022
ADDRESS: 1650 W. Horizon Ridge Parkway
MARKET: Henderson, Nevada
ASSET TYPE: Self Storage ~ ACRES: 4
BUYER: Morningstar Properties
SELLER: HPI Real Estate
BROKERS: Bill Bellomy, Michael Johnson, Logan Foster & Hugh Horne - Versal
LENDER: First-Citizens Bank & Trust Co.
SALE PRICE: $19,500,000
UNITS: 1,263 ~ PPU: $15,439
SF: 102,699 ~ PPSF: $190View on map
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Address1650 West Horizon Ridge Parkway
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