Valley Vista Masterplan for SALE > ±346 ACRES Decatur Boulevard & Elkhorn Road OFFERING MEMORANDUM North Las Vegas, Nevada
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Valley Vista Masterplan FOR SALE > ±346 ACRES Decatur Boulevard & Elkhorn Road OFFERING MEMORANDUM North Las Vegas, Nevada RED ROCK SUMMERLIN 95 215 CENTENNIAL BOWL 95 215 ELKHORN ROAD DECATUR BOULEVARD AVIARY WAY ALIANTE PARKWAY PRESENTED BY: Michael Stuart GRAND TETON ROAD Senior Vice President TEL +1 702 836 3739 EMAIL [email protected] VALLEY VISTA MASTERPLAN | OFFERING MEMORANDUM COLLIERS INTERNATIONAL P. 1 OFFERING MEMORANDUM COLLIERS INTERNATIONAL Executive Summary EXECUTIVE SUMMARY Valley Vista Masterplan PROPERTY INFORMATION The ±346 acres are located on Decatur Boulevard & Elkhorn Road just north of the US 215 in North Las Vegas, Nevada. The parcels are part of the newly renamed Valley Vista Masterplan previously referred to as Park Highlands West. Valley Vista Masterplan is comprised of over 600 acres in total, with 3 parks, a school site & over 3,500 units at full build-out. • Size: ±346 Acres • Address: Decatur Boulevard & Elkhorn Road • APN: 124-18-401-002, 124-18-816-001, 124-18-816-002, 124-18-110-002, 124-18-510-003, 124-18-510-004, 124-18-201-001, 124-18-210-002, 124-18-310-001, 124-18-310-003, 124-18-714-001, 124-18-714-002, 124-18-510-002 • Zoning: Master Plan Residential • Land Use: Medium Low, Medium & High Density Residential • Utilities: See Utility Plan, page 10 • Jurisdiction: North Las Vegas, Nevada • SID: Ownership group is entering into a Development Funding Agreement (DFA) with the City of North Las Vegas. This should be completed by the end of Q4 2016. • HOA: Draft CC&R’s & Assessment budget available • Engineering: Technical Drainage Study, Soils Report, Phase 1 Environmental Report, Development Agreement, Park & Trails Agreement • Access: The subject property has multiple points of access from US 215 at Decatur Boulevard & Aliante Parkway interchanges. • Price: SUBMIT ALL OFFERS VALLEY VISTA MASTERPLAN | OFFERING MEMORANDUM COLLIERS INTERNATIONAL P. 3 OFFERING MEMORANDUM COLLIERS INTERNATIONAL Property Information PROPERTY INFORMATION Valley Vista Masterplan - Aerials LOCAL MAPLAS VEGAS AERIAL PAIUTE GOLF RESORT PAIUTE WAY 93 15 95 APEX INDUSTRIAL PARK KYLE CANYON RD KYLE SPRING SILVERSTONE IRON CANYON MOUNTAIN MOUNTAIN 157 GATEWAY RANCH RANCH GRAND TETOND RIVE PARK HIGHLANDS SEVERENCENE LA ALIANTE PROVIDENCE ELKHORN ROAD 15 215 S 93 N TE N L WAY NAYA ELKHORN A MB BLV MB 95 LO DEER SPRINGS WAY SS SPRINGS E R D OAD W CENTENNIAL PARKWAY LAS VEGAS MOTOR SPEEDWAY 604 N P N N JONES N 215 EL DORADO RO ECOS N DEC N B L A VD D BLVD ATUR W ANN ROAD ANN ROAD N D U S C I R A M A SHADOW PAINTED DESERT M N M LOS I GO N O UNION PACIFIC RR O WASHBURN RD N CREEK DRIVE A PRADOS S N 5TH STREET L ST RANCHO N REE O R NELLIS AFB W LONE MOUNTAIN ROAD T E T DEL NORTE RANCHO 15 ALTA MIRA CRAIG ROAD CRAIG ROAD 573 C L I F F W ALEXANDER OAD R 93 NELLIS AFB S H N RAINBOW BLVD N RAINBOW BUFFALO DRIVE BUFFALO A D O W NORTH S D CCSN R AS BLVD M CHEYENNE I 599 G V ART E VE DURANGO LAS VEGAS CAMPUS AS I N L N L W CHEYENNE A VENUE HILLS U LOSEE RD. TH E CHEYENNE AVENUE 574 ER K SUN CITY LAS VEGAS ING JR BLV SUNRISE HIGHLAND PALM DESERT E EVANS AVE SHORES NORTH LAS VEGAS VISTA FALLS VALLEY AIRPORT D BELMONT ST NELLIS BLVD 147 SMOKE RANCH ROAD E REYCA AVE EAGLE 95 EAD BLVD E M CREST 147 W LAKE MEAD BLVD N RANCHO E LAKE MEAD BLVD E LAK 147 N AERIAL CLOSE UP B RUC N E VEGAS DRIVE DR E E OWENS AVENUE S T PECOS ROAD AS LAMB BLVD N T TPC AT H LAS VEGAS ER OL N SUMMERLIN MUNICIPAL 15 E WASHINGTON AVE LYW W WASHINGTON DRIVE AVE RKWAY O SUMMERLIN SUMMERLIN PA OD BL TPC AT V E BONANZA ROAD D ANGEL WESTCLIFF DRIVE 95 D CANYONS E LAS VEGAS S E R T PARK DESERT PINES NU F ART AVE E O ALTA DRIVE STEW O T 515 93 H I L BADLANDS L S UNIVERSITY RED ROCK NATIONAL ROCK RED AREA CONSERVATION D R W CHARLESTON BLVD MEDICAL CENTER E CHARLESTON BLVD T O 159 W FREMON N V A CCSN C CHARLESTON L E L T E N CAMPUS Y S T PECCOLE T E V R DESERT I 607 E D CANYON W R RANCH 595 E ST LOUIS AVE I V R ROSE E GATE O A D W SAHARA AVE E SAHARA AVE N 215 589 LO RED S B F E UFF L II Z ROCK ALO VEGAS LLEY VA DRIVE S N T THE LAKES DRIVE S JO D LAS VEGAS A NE 612 HOL “THE STRIP” ROYAL S CC BL E DESERT INN ROAD LYW VD LINKS 147 W DES ERT INN ROAD SPRING MOUNTAIN RD INDUSTRIAL RO O O WYNN BOULEVARD B D LAKE S RAINBOW BLVD MALL L LAS VEGAS VD 604 95 STALLION BEAR’S FLAMINGO ROAD OAD MOUNTAIN P FLAMINGO R A R 502 N D A REFLECTION BEST H D UALA ISE RD DESERT WAY PAI E SPRINGS CAT L BAY SIENA SPRING HOSPITAL EAST AK E U UNLV M L R BLVD A A S VALLEY R Y 582 V L E A G TROPICANA AVENUE N LAS VEGAS A D PA S TROPICANA AVENUE P SUNRISE 593 K R BO W K S W Y S ULDER HWY A A COLONY Y N SPANISH TRAIL D H B I L R HACIENDA AVE O V L A A D R L B O L E A FO SPRING E N D S Y T RT A RT VALLEY P THE V DU 15 B A I L B HOSPITAL E E RUSSELL ROAD V C RAN W D SELL ROAD O PACHE PACHE W RUS FALLS R R O BUFFALO DRIVE BUFFALO G O A O A MC CARRAN D D BALI DR RO Y IV A AD INT’L AIRPORT KW E 595 HAI PAR TUSCANY KE MEAD S PECOS RO WHITNEY E LA W SUNSET RO AD E SUNSET ROAD RANCH SOUTHERN TOWN N HILLS HOSPITAL SUNSET S AD TE 215 SQUARE PARK PHAN E SUNSET ROAD N IE STRE IE A R V 564 ST. ROSE R W ARBY AVE A O WILDHORSEL YO G SAN MARTIN L E HOSPITAL V ET E RD EASTGATE S EASTERN S EASTERN R R W WARM SPRINGS ROAD A 93 R D N A WARM SPRINGS ROAD E D CETR E BLVD D UPRR R A CORONADO GREEN RICHARDSON DRIVE CK NEVADA R 515 C O E AVENUE AD N RANCH T TRAILS E VALLEY 582 R UNION PACIFIC RR PACIFIC UNION ST AM GIBSON Rd. S WINDMILL LANE ERICAN PACIFIC DR RHODES WINDMILL LN RA 95 ST. ROSE INBO DOMINICAN HOSPITAL RANCH BUR W BLV W KHOL SOUTH S DE W R BLVD AT W WIGWAM AVE DR DEAN MARTIN ER D LEGACY E S S DE L VA T A N W S AG 607 EN V CAT E EGA E PE N BBLE ROAD ST UR BLVD S S BLVD S BER W HENDERSONM A G PA MA M I C CI | OFFERING MEMORANDUM U COLLIERS INTERNATIONAL VALLEY VISTA MASTERPLAN P. 5 RYLA W F D 215 G I A AY 160 E DIAMOND ROAD C S BLU R FORT APACH FORT E PKWY E DG A R RI N N VE E D O D N IZ R BLACK V P O S JONES BLVD JONES S A H KWAY AR L SOUTHFORK L W E MOUNTAIN EQUESTRI Y AN DR E GOME R ROAD RD S P A W SILVERADO RANCH BLVD A B P R FOO U PALO K FF W T A A DRAGON RIDGE H O Y L I SA LL MOUNTAINS EDGE PKWY O CCSN 515 S D HENDERSON CAMPUS R DR D RIVE SOUTHERN ST. ROSE DOMINICAN HOSPITAL DEL WEBB HIGHLANDS SIENA CAMPUS W CACTUS AVE MACDONALD RANCH W CACTUS AVE SILVERADO SUN CITY RD GREENWAY 146 MISSION DR COLLEGEDR RANCH SUNRIDGE WEST ay kw CANYON 93 SHINNECOCK HILLS AVE ar SO P U se E PARADISE HILLS DR TH MACDONALD ER N St Ro MOUNTAIN’S HI GH HIGHLANDS L S RAILROAD AN E EDGE D V S E 604 N SEVEN HILLS PA R HENDERSON H PASS K I W L LS A Y EXECUTIVE DR RIO SECCO AIRPORT ANTHEM 93 VOLUNTEER BLVD REVERE DEL WEBB’S 95 15 ANTHEM AN TH EM PARKWAY INSPIRADA PROPERTY INFORMATION Valley Vista Masterplan - Aerials NORTH SOUTH EAST WEST VALLEY VISTA MASTERPLAN | OFFERING MEMORANDUM COLLIERS INTERNATIONAL P. 6 PROPERTY INFORMATION Valley Vista Masterplan - Ownership Exhibit N N NORTH LAS VEGAS, NV NORTH LAS VEGAS, NV SECTION 18 19 TOWNSHIP 61 RANGE SECTION 18 19 TOWNSHIP 61 RANGE VALLEY VISTA MASTERPLAN | OFFERING MEMORANDUM COLLIERS INTERNATIONAL P. 7 PROPERTY INFORMATION Valley Vista Masterplan - Ownership Exhibit While there are ±346 acres in this offering, 3 individual ownership groups collectively own the subject parcels. Properties can be purchased independently. AGRW PARK HIGHLANDS (ANGELO GORDON) AMBER OWL HOLDINGS (SUNCAL) HIGHLAND PARK HOLDINGS (LIGHTSTONE) N N N NORTH LAS VEGAS, NV NORTH LAS VEGAS, NV NORTH LAS VEGAS, NV SECTION 18 19 TOWNSHIP 61 RANGE SECTION 18 19 TOWNSHIP 61 RANGE SECTION 18 19 TOWNSHIP 61 RANGE OWNER PARCEL NUMBER NET ACRES OWNER PARCEL NUMBER NET ACRES OWNER PARCEL NUMBER NET ACRES AGRW PARK HIGHLANDS 124-18-401-002 32.10 AMBER OWL 124-18-201-001 18.06 HIGHLAND PARK HOLDINGS 124-18-110-002 45.60 124-18-816-001 20.02 124-18-210-002 52.47 124-18-510-003 20.30 124-18-816-002 20.75 124-18-310-001 19.76 124-18-510-004 18.96 TOTAL 72.87 124-18-310-003 36.49 TOTAL 84.86 124-18-714-001 18.56 124-18-714-002 20.96 124-18-510-002 22.76 TOTAL 189.06 VALLEY VISTA MASTERPLAN | OFFERING MEMORANDUM COLLIERS INTERNATIONAL P.