Completed in 2022, the Property offers 143 brand new residences with state-of-the-art living areas and luxurious amenities including: a pool, private garages, fitness room, and direct access to outstanding retail and recreation.
The Property is situated within a highly desirable mixed-use community, The Village of Centennial Springs. Brownstone is uniquely parcelized within the mixed-use community, providing residents seamless walkability to Pop Squires Park and a plethora of shops and restaurants.
Brownstone is also located in one of the most attractive economic multifamily investment markets in the nation. The Property is positioned to take advantage of strong absorption forecasts as more renters migrate from out-of-state. Currently, the Property is composed of 36.2% residents new to Nevada with an employment-base that is healthcare and military dominant at 17.6% and 12.1%, respectively. However, no employment sector dominates more than one fifth of the existing resident profile.
Continued job growth and diversification, migration from urban to highly-amenitized suburbs, and strong population trends will ensure that Centennial Hills, and Brownstone, remain unmatched performers.