Rhodes Design and
Development files for
Chapter 11 Bankruptcy Protection
Rhodes Ranch Homes
Rhodes Design and Development, a Las Vegas based developer that has built over 7,000 homes and designed communities such as the guard gated Rhodes Ranch community in Southwest Las Vegas and Tuscany in Henderson, has filed for Chapter 11 Bankruptcy protection after missing an interest and principal payment on a key loan.
Read the Story by Clicking Here. According to Jim Rhodes,
Rhodes said the filing will have little impact on the day-to-day operations of the company, including asset management, sales and construction, customer service, vendor relations and homeowners association functions. The company said it expected to deliver all homes currently on order as well as take new orders and continue construction of new homes.
“We are hopeful that this financial reorganization will produce successful results for residents and owners of homes built by Rhodes Homes,” Rhodes said.
Rhodes Ranch Resale Homes
For homes in the Guard Gated Rhodes Ranch Community, there are currently 88 homes available for sale ranging in price from $144,000 for a single story Rhodes Ranch Home with 1,266 sq. ft. to $899,000 for this Rhodes Ranch Pool Home that features over 4,500 square feet.
Rhodes Ranch Foreclosures for Sale
There are currently 18 Rhodes Ranch Foreclosures for sale ranging in price from $149,900 for this Rhodes Ranch Foreclosure that is 1,715 square feet to $364,000 for this Rhodes Ranch Bank Owned Golf Course Home that is 2,891 square feet.
Rhodes Ranch Short Sales Available
38 Rhodes Ranch Short Sales are available for sale including a stunning former model home for Rhodes Ranch with elevated golf course views and views of fabulous Las Vegas for only $699,000. According to Clark County Tax Records, the home was purchased for $932,150 on 07/01/2004. This Rhodes Ranch home is a Champions Collection floorplan and is located on a street of some of the most desirable lots in the entire community.
For more information on these homes or Rhodes Ranch Real estate, call 702.592.3058.
Paul Francis, CRS
Rhodes Ranch Real Estate
702.592.3058
