Calypso
Investment Overview
Project Overview
Calypso was acquired on September 26, 2024. The property is a 360-unit garden style complex located in Las Vegas, NV, in a highly sought after Summerlin submarket. The operational strategy for this asset is to improve the overall management and operations at the property and add value through renovating interiors. At acquisition, 40 units were left to be fully renovated from the classic condition, and 35 from a partial scope, offering a significant opportunity to increase the asset’s value.
Property Highlights
The property consists of all two-bedroom apartments, and each one is 1,146 square feet. Upgraded units feature accent tile backsplashes, Nest thermostats, white cabinet faces, and wood vinyl flooring on first floor units. Property amenities include business center, clubhouse, fitness center, racquetball, package lockers, two pools, and a barbeque area. In addition, the property offers covered parking, two dog parks, wi-fi throughout the common areas, and a gated community. Calypso is conveniently situated in Las Vegas, NV, with easy access to Highway 95 and Summerlin Parkway. A location close to TPC Las Vegas golf club, and just minutes from Tivoli Village, Summerlin Community Park and Mountain View Hospital.
Amenities:
- Business Center
- Clubhouse
- Racquetball
- State of the Art Fitness Center
- Covered Resident Parking Available
- Gated Community
- Package Lockers
- Pet Friendly
- Two Dog Parks
- Two Luxurious Pools & Spas
- BBQ Area
- Wi-Fi Throughout Common Areas
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