Coldwell Banker Premier Realty (CBPR) recently completed the sale of 32 acres of land at 1525 and 1545 Wigwam Parkway (at Stephanie St. and I-215) in Henderson. CBPR represented the seller and Jorant Commercial/Sunbelt Development & Realty Partners represented the buyer, The Wolff Company, based in Scottsdale, Ariz.
The Wolff Company intends to develop market-rate multifamily housing and high quality senior living communities on the property. “Henderson is a fantastic community that lacks amenity-rich, lock-and-leave housing for renters aged 55+,” said Mike Milhaupt, Vice President of Senior Housing for The Wolff Company. “This project’s on-site dining options, top-of-the-line activity centers, and highly detailed residences will set a new benchmark for senior living rental communities in Nevada.”
The market-rate multifamily component of The Wolff Company’s development will directly address the area’s shortage of quality for-rent housing. Nate Carlson, Vice President of Development for The Wolff Company, said, “this site is in an ideal location for families and individuals seeking convenient access to Las Vegas while enjoying the high quality of life that Henderson offers.” The property is closely located to a number of schools, parks and transit options.