FDG-designed multifamily communities like Elysian at Sunset are enhancing resident lifestyles while delivering exceptional financial performance for our development partners. Located in the thriving southwest valley of Las Vegas, this 384-unit community recently sold for $118 million, which equates to over $307,000 per unit. This price far surpasses the local market average of $109,000 per unit. At the time of sale, the community was over 90 percent occupied, a strong indicator of its desirability and success.

Completed in 2022, Elysian at Sunset offers an amenity-rich environment that includes a 9,000-square-foot clubhouse, poolside cabanas, an outdoor volleyball court, massage rooms, arcade games, and vibrant social lounges. These design features promote wellness, connection, and satisfaction, while also enhancing long-term asset value. The strong sale performance reflects the continued strength of the Las Vegas multifamily market and the value of design that prioritizes livability and market appeal. The strong sale performance reflects the continued resilience of the Las Vegas multifamily market, particularly for developments that prioritize livability and long-term operational success.

This sale follows the success of Elysian at Stonelake, another FDG-designed community located in Henderson. That project sold for $84.6 million, or approximately $235,000 per unit, which is more than double the average per-unit sales price for apartment complexes in the area at the time.

At FDG, we believe great design creates lasting value. By integrating resident experience, market insight, and operational efficiency, we create environments that are as profitable as they are livable. These recent transactions reinforce the power of intentional, community-driven design in today’s competitive housing landscape.

We design with people in mind and performance in focus.

Elysian Stonelake