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Property profile & analytics
OFF-MARKET
Estimated value
$3,300,000
Apartment buildings
Las Vegas, NV
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US62-0572220
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1975
Lot
0.22 ac (9,583 SF)
APN
162-15-312-046
UPID
US62-0572220
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.30M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.30M
Owner & transaction history
Nevada Properties Las Vegas Vi LLC · 2 yrs held
Nevada Properties Las Vegas Vi LLC
since 2024
Last sale
$3.3M
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
$3,300,000
ML approach
$3,300,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.30M
Range $2.97M – $3.63M · ±10% · vs last sale $3.30M (Apr 30 2024)
Last sale anchor
$3.30M
Apr 30 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
—
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
$2,012
Tax year 2023
Assessed value
$94,500
Assessed 2024
Previous assessed
$81,900
+15.4% YoY
Effective rate
2.13%
On assessed value
Assessed land
$94,500
Land market value
$270,000
Total market value
$270,000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1975
Heating
NONE
Lot
0.22 ac (9,583 SF)
APN
162-15-312-046
UPID
US62-0572220
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
1975
Heating
NONE
Lot
0.22 ac
Current owner
From public records · entity-resolved
Nevada Properties Las Vegas Vi LLC
Entity
Mailing address
1246 EL CAMINO REAL APT #12, BURLINGAME, CA 94010-4851
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2024
$3,300,000
Nevada Properties Las Vegas Vi LLC
Hang Chu LLC
Bargain And Sale Deed
$2,300,000 · Hang Chu LLC
Aug 17, 2012
$1,000,000
Hang Chu LLC
Pantheon 651 Twain LLC
Grant Deed
—
Aug 16, 2010
$525,000
Pantheon 651 Twain LLC
Gundlach,guy D
Grant Deed
—
Jun 4, 2010
$713,750
Crp Properties INC
California Reconveyance Co
Trustees Deed
—
Jun 4, 2010
$600,000
Guy D Gundlach
Crp Properties INC
Grant Deed
—
Jan 26, 2010
$713,750
Jpmorgan Chase Bank NA
California Reconveyance
Trustees Deed
related
—
Apr 19, 2007
—
Landmatt LLC
651 E Twain LLC
Grant Deed
$125,000 · 651 E Twain LLC
Sep 28, 2006
$2,100,000
651 E Twain LLC
Twain Apartment Suites LLC
Grant Deed
$1,575,000 · First California Bank
Sep 20, 2005
$1,550,000
Twain Apartment Suites LLC
Charles Stevens Finl INC
Grant Deed
$1,240,000 · First Regional Bank
May 24, 1999
$775,000
Ks Nevada INC
Twain Co
Grant Deed
$810,000 · Del Mar Mortgage INC
Jul 26, 1996
$990,000
Twain Co
National Loan Investor LP
Grant Deed
$617,000 · Us Bank Of Nevada
—
—
Pantheon 651 Twain LLC
—
Deed Of Trust
related
$412,500 · Meadows Bank
—
—
Ks Nevada INC
—
Deed Of Trust
related
$725,000 · Philip
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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