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Property profile & analytics
OFF-MARKET
Estimated value
$60,400,000
Apartment buildings
501 Lk Mead Pkwy Henderson, NV 89015-5597
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US62-0364758
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1996
Lot
0.82 ac (35,719 SF)
APN
179-08-301-005
UPID
US62-0364758
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
-
Victory Village Apartments Apartment Complex
-
Dr. Daniel F. Mcbride, MD Physician
-
Prelude at the Park Apartments Real Estate Agency
-
Jennifer M. Tretter, RD Physician
-
Used Cars In Las Vegas Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$60.40M
Owner & transaction history
Om Prelude LLC · 5 yrs held
Om Prelude LLC
since 2021
Last sale
$60.4M
6 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 Henderson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Henderson 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
$68,835,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$60.40M
Range $54.36M – $66.44M · ±10% · vs last sale $60.40M (Apr 29 2021)
Last sale anchor
$60.40M
Apr 29 2021
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
—
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
Applied tax rate
503.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1996
Heating
NONE
Lot
0.82 ac (35,719 SF)
APN
179-08-301-005
UPID
US62-0364758
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
1996
Heating
NONE
Lot
0.82 ac
Current owner
From public records · entity-resolved
Om Prelude LLC
Entity
Mailing address
5 HANOVER SQ RM #2101, NEW YORK, NY 10004-2634
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 29, 2021
$60,400,000
Om Prelude LLC
Mg Prelude At The Park Apartments P
Bargain And Sale Deed
$45,519 · Berkadia Commercial Mortgage LLC
Mar 23, 2017
$33,500,000
Mg Prelude Of Park Apartments Pnr
Victory Village 2004 LLC
Grant Deed
$21,970,000 · Cbre Multifamily Cap
Sep 20, 2004
—
Victory Village 2004 LLC
Wong,raymond M & Lorraine Y
Grant Deed
$19,000,000 · Wachovia Bank NA
Dec 23, 1998
—
Raymond N Wong
Victory Village Ltd III
Grant Deed
related
—
Jun 30, 1995
$2,000,000
Victory Village Ltd III LP
Walter Co
Grant Deed
$16,442,400 · Tri Capital Corp
—
—
Victory Village 2004 LLC
—
Deed Of Trust
related
$19,200,000 · Wells Fargo Bk
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.
Try Rey
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