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Property profile & analytics
OFF-MARKET
Estimated value
$9,540,000
Assisted living facilities
3900 Oakey Blvd Las Vegas, NV 89102-0544
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US62-0318601
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2002
Construction
FRAME
Total area
64,986 SF
Lot
2.32 ac (101,059 SF)
APN
162-06-603-017
UPID
US62-0318601
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
-
Oakey Assisted Living Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.54M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.29M
Blend (final)
Blend
$9.54M
Owner & transaction history
Philip Prentiss · 2 yrs held
Philip Prentiss
since 2024
Last sale
$9.5M
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
$9,540,000
ML approach
$9,540,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.54M
Range $8.59M – $10.49M · ±10% · vs last sale $9.54M (Jan 12 2024)
Last sale anchor
$9.54M
Jan 12 2024
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
$147 / 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
$28,435
Tax year 2023
Assessed value
$2,744,445
Assessed 2024
Previous assessed
$2,468,742
+11.2% YoY
Effective rate
1.04%
On assessed value
Assessed land
$444,850
Assessed improvement
$2,299,595
Land market value
$1,271,000
Improvement market value
$6,570,271
Total market value
$7,841,271
Applied tax rate
200.0000
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
2002
Construction
FRAME
Heating
YES
Stories
2
Units
82
Total area
64,986 SF
Lot
2.32 ac (101,059 SF)
APN
162-06-603-017
UPID
US62-0318601
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
2002
Construction
FRAME
Heating
YES
Stories
2
Units
82
Lot
2.32 ac
Current owner
From public records · entity-resolved
Philip Prentiss
Individual
Mailing address
3900 W OAKEY BLVD, LAS VEGAS, NV 89102-0544
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 12, 2024
—
Philip Prentiss
Philip Prentiss
Assignment Of Lease (leasehold Sale)
$3,527,000 · The Mortgage Capital Development Corp
Jan 12, 2024
$9,540,000
Aventurine Residences LLC
Oakey Residences LLC
Bargain And Sale Deed
$4,927,500 · Bank Five Nine
Aug 28, 2019
$8,500,000
Oakey Residences LLC
Ag Icc Destinations One Oakey Owner
Bargain And Sale Deed
$7,342,000 · Merchants Bank Of Indiana
Dec 12, 2013
$3,000,000
Destinations One Oakey Ag-icc
1600 South Valley View Rd
Grant Deed
—
Sep 22, 2011
$19,750,000
South Valley View Road Ho 1600
Brooks Bauer LLP
Trustees Deed
—
Jul 19, 2006
$7,942,000
Vegas Senior Hsng-oakey Of Valley
Oakey Congregate LLC
Grant Deed
—
Dec 19, 2000
$275,000
Oakey Congregate LLC
Church Of Christ Trustee
Grant Deed
—
—
—
Oakey Congregate LLC
—
Deed Of Trust
related
$6,750,000 · Bankwest Of Nevada
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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