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Property profile & analytics
OFF-MARKET
Estimated value
$1,215,000
Assisted living facilities
2465 Twain Ave Las Vegas, NV 89121-4011
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US62-1246984
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1997
Construction
FRAME
Total area
70,789 SF
Lot
4.97 ac (216,493 SF)
APN
162-13-301-002
UPID
US62-1246984
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
WILLIAM CORNELIUS BAUER Physician
-
Albert Ofori Physician
-
ALBERT KWAKU OFORI Physician
-
SURESH G BHUSHAN Physician
-
Dr. Leslie Howell Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$980k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.45M
Blend (final)
Blend
$1.22M
Owner & transaction history
Concorde Real Estate LLC · 14 yrs held
Concorde Real Estate LLC
since 2012
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Las Vegas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Las Vegas submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$980,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.22M
Range $1.09M – $1.34M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$17 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$93,932
Tax year 2023
Assessed value
$3,593,737
Assessed 2024
Previous assessed
$3,296,402
+9.0% YoY
Effective rate
2.61%
On assessed value
Assessed land
$575,871
Assessed improvement
$3,017,866
Land market value
$1,645,346
Improvement market value
$8,622,474
Total market value
$10,267,820
Applied tax rate
470.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1997
Construction
FRAME
Heating
HEAT PUMP
Stories
2
Units
99
Total area
70,789 SF
Lot
4.97 ac (216,493 SF)
APN
162-13-301-002
UPID
US62-1246984
Jurisdiction
CLARK
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1997
Construction
FRAME
Heating
HEAT PUMP
Stories
2
Units
99
Lot
4.97 ac
Current owner
From public records · entity-resolved
Concorde Real Estate LLC
Entity
Mailing address
200 POWELL PL, BRENTWOOD, TN 37027-7699
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 4, 2025
—
Concorde Real Estate LLC
—
Deed
related
$25,000,000 · Midcap Funding IV Trust
Mar 9, 2021
—
Concorde Real Estate LLC
—
Deed
related
$118,222,441 · Ankura Trust Company LLC
May 21, 2019
—
Concorde Real Estate LLC
—
Grant Deed
related
$30,000,000 · Credit Suisse Ag
Oct 23, 2017
—
Concorde Real Estate LLC
—
Grant Deed
related
$265,000,000 · Credit Suisse Ag
Jul 10, 2012
—
Concorde Real Estate LLC
—
Trustees Deed
related
$2,975,945 · Wells Fargo Bank
Jan 27, 2012
$4,800,000
Concorde Real Estate LLC
Imh Special Asset Nt 203 LLC
Grant Deed
$3,500,000 · Imh Special Asset Nt 203 LLC
Feb 3, 2010
$7,900,000
Imh Special Asset Nt 203 LLC
Chicago Title Agcy Of Nv INC
Trustees Deed
related
—
Oct 17, 2007
$8,500,000
Aldco Investment #2 LLC
Las Vegas Concorde I LLC
Bargain And Sale Deed
$7,970,000 · Imh Secured Loan Fund LLC
Dec 14, 2005
$3,245,000
Las Vegas Concorde I LLC
Emeritus Realty III LLC
Grant Deed
—
Dec 19, 2002
—
Emeritus Realty III LLC
Emeritus Properties III INC
Quit Claim Deed
related
$65,000,000 · General Electric Capital Corp
Jul 6, 1998
—
Emeritus Properties III INC
Emeritus Corp
Quit Claim Deed
related
$16,949,000 · Deutsche Bank
Nov 18, 1996
$4,400,000
Emeritus Corp
Sunday Estates INC
Grant Deed
$6,000,000 · Seller
Sep 1, 1994
$665,000
Sunday Estates INC
Yerushalmi,morde
Grant Deed
—
Dec 1, 1992
$450,000
Mordechai Yerushalmi
Unknown
Grant Deed
—
—
—
Imh Special Asset Nt 203 LLC
—
Deed Of Trust
related
$50,000 · Nwra Ventures I LLC
—
—
Aldco Investment 2 LLC
—
Deed Of Trust
related
$425,000 · Mark Fratu
—
—
Concorde Real Estate LLC
—
Deed Of Trust
related
$100,000,000 · Bank Of America
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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