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Property profile & analytics
OFF-MARKET
Estimated value
$795,000
Assisted living facilities
6660 Grand Montecito Pkwy Las Vegas, NV 89149-0210
Entity Owned
9-yr Hold
Free & Clear
Property ID
US62-0560432
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2018
Construction
FRAME
Total area
27,129 SF
Lot
1.57 ac (68,389 SF)
APN
125-20-711-019
UPID
US62-0560432
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
-
Grand Montecito Memory Care Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$610k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$973k
Blend (final)
Blend
$795k
Owner & transaction history
Welbrook Grand Montecito LLC · 9 yrs held
Welbrook Grand Montecito LLC
since 2016
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
$610,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$795k
Range $716k – $875k · ±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
$29 / 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
$72,055
Tax year 2023
Assessed value
$2,411,977
Assessed 2024
Previous assessed
$2,197,903
+9.7% YoY
Effective rate
2.99%
On assessed value
Assessed land
$335,106
Assessed improvement
$2,076,871
Land market value
$957,446
Improvement market value
$5,933,917
Total market value
$6,891,363
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
2018
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Total area
27,129 SF
Lot
1.57 ac (68,389 SF)
APN
125-20-711-019
UPID
US62-0560432
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
2018
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Lot
1.57 ac
Current owner
From public records · entity-resolved
Welbrook Grand Montecito LLC
Entity
Free & Clear · 9 yrs held
Mailing address
6660 GRAND MONTECITO PKWY, LAS VEGAS, NV 89149-0210
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 27, 2016
—
6630 Grand Montecito LLC
—
Deed
related
$7,905,000 · Western Alliance Bk
Sep 7, 2016
$635,000
Welbrook Grand Montecito LLC
6630 Grand Montecito LLC
Grant Deed
—
Sep 7, 2016
—
6630 Grand Montecito LLC
—
Deed
related
$7,905,000 · Western Alliance Bk
Sep 30, 2014
—
6630 Grand Montecito LLC
Hcbi Centennial Hills LLC
Grant Deed
related
$6,860,000 · Western Alliance Bk
Nov 15, 2013
—
Hcbi Centennial Hills LLC
Hcbi Centennial Hills LLC
Correction Deed
related
—
Apr 2, 2013
—
Hcbi Centennial Hills LLC
Hcbi Centennial Hills LLC
Quit Claim Deed
related
—
Mar 13, 2013
$295,000
Hcbi Centennial Hills LLC
Umer Malik
Grant Deed
$475,000 · West Bay Cap
Dec 12, 2011
—
Big Teton LLC
Dariush Imani
Quit Claim Deed
related
—
Dec 1, 2011
$95,000
Malik,umer
Dariush Imani
Quit Claim Deed
related
—
Dec 1, 2011
—
Imani,dariush
Southwest Bk
Correction Deed
related
—
Nov 23, 2011
—
Iman,dariush
Southwest USA Bank
Grant Deed
related
—
Nov 17, 2010
$919,000
Southwestusa Bk
Nevada Title Co
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
—
—
6630 Grand Montecito LLC
—
Loan Modification
related
$7,905,000 · Western Alliance Bk
—
—
6630 Grand Montecito LLC
—
Loan Modification
related
$7,905,000 · Western Alliance Bk
—
—
6630 Grand Montecito LLC
—
Deed Of Trust
related
$7,905,000 · Western Alliance 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.
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