Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$6,900,000
Apartment buildings
931 Honeysuckle St Pahrump, NV 89048-6934
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US62-0533757
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2013
Construction
METAL FRAME
Total area
51,878 SF
Lot
2.4 ac (104,544 SF)
Zoning code
VR-10
APN
038-631-26
UPID
US62-0533757
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
-
Inspirations Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.90M
CAP Approach
CAP
$6.54M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.90M
Owner & transaction history
Vtr Inspirations Pahrump LLC · 1 yrs held
Vtr Inspirations Pahrump LLC
since 2024
Last sale
$6.9M
6 recorded transactions
Zoning & alternative use
VR-10 · Pahrump, NV
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 Pahrump submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pahrump 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
$6,900,000
ML approach
$6,900,000
CAP Approach
CAP Return
Estimation
6%
$7,080,000
6.5%
$6,535,000
7%
$6,070,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$4,985,000
Current use
COMMERCIAL (GENERAL)
$4,285,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$6.90M
Range $6.21M – $7.59M · ±10% · vs last sale $6.90M (Nov 5 2024)
Last sale anchor
$6.90M
Nov 5 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
$133 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$56,914
Tax year 2024
Assessed value
$2,073,623
Assessed 2024
Previous assessed
$1,845,904
+12.3% YoY
Effective rate
2.74%
On assessed value
Assessed land
$5,475
Assessed improvement
$2,068,148
Land market value
$15,643
Improvement market value
$5,908,993
Total market value
$5,924,636
Applied tax rate
63.0000
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
2013
Construction
METAL FRAME
Heating
HEAT PUMP
Stories
1
Units
72
Total area
51,878 SF
Lot
2.4 ac (104,544 SF)
Zoning code
VR-10
APN
038-631-26
UPID
US62-0533757
Jurisdiction
NYE
Zoning & alternative use
VR-10 · Pahrump, NV
Zoning VR-10 · permitted uses
VR-10 · Pahrump, NV
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pahrump. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$5.0M
COMMERCIAL (GENERAL)
Est. value
$4.3M
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2013
Construction
METAL FRAME
Heating
HEAT PUMP
Stories
1
Units
72
Lot
2.4 ac
Current owner
From public records · entity-resolved
Vtr Inspirations Pahrump LLC
Entity
Mailing address
980 N MICHIGAN AVE STE #1998, CHICAGO, IL 60611-7504
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 5, 2024
$6,900,000
Vtr Inspirations Pahrump LLC
Cpf Senior Living Inspirations LLC
Bargain & Sale Deed
—
Jul 29, 2021
—
Cof Senior Living Inspirations LLC
—
Deed
related
$10,000,000 · Protective Life Insurance Co
Aug 2, 2018
—
Cpf Senior Living Inspirations
—
Grant Deed
related
$10,000,000 · Bds III Mtg Cap B LLC
Mar 7, 2016
—
Cpf Senior Living Inspirations LLC
Pahrump Land Development LLC
Bargain And Sale Deed
$5,250,000 · Pnc Bank NA
Feb 16, 2016
$5,625,000
Cpf Senior Living Inspirations LLC
Pahrump Land Development LLC
Bargain And Sale Deed
$5,250,000 · Pnc Bank NA
—
—
Pahrump Land Dev LLC
—
Loan Modification
related
$3,627,881 · Southwest Cmnty FCU
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 931 Honeysuckle St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
