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Investment Highlights

  • Near Freeway I-15 quick access
  • 6 plex buildings and 4 plex
  • New Construction

Executive Summary

buy one building or buy all 4 buildings, 4 unique separate property APN's 3 - 6 plex units and one 4 plex for a total of 22 units. As you can see brand new construction due to be completed in July of 2026. Building addresses 2301, 2305, 2309 & 2313 Seco Adobe Circle. Seller is Licensed Nevada Real Estate Agent and broker.

Financial Summary (Pro Forma - 2026)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $545,490 $26.63
Other Income - -
Vacancy Loss - -
Effective Gross Income $545,490 $26.63
Taxes $30,994 $1.51
Operating Expenses $39,741 $1.94
Total Expenses $70,735 $3.45
Net Operating Income $474,755 $23.18

Financial Summary (Pro Forma - 2026)

Gross Rental Income (CAD)
Annual $545,490
Annual Per SF $26.63
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $545,490
Annual Per SF $26.63
Taxes (CAD)
Annual $30,994
Annual Per SF $1.51
Operating Expenses (CAD)
Annual $39,741
Annual Per SF $1.94
Total Expenses (CAD)
Annual $70,735
Annual Per SF $3.45
Net Operating Income (CAD)
Annual $474,755
Annual Per SF $23.18

Property Facts

Price $8,712,688 CAD
Price Per Unit $396,031 CAD
Sale Type Investment
Cap Rate 6.26%
Sale Condition Bulk/Portfolio Sale
No. Units 22
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.19 AC
Construction Status Under Construction
Building Size 20,482 SF
No. Stories 3
Year Built 2026
Zoning R4-R6

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Disposal
  • Washer/Dryer
  • Heating
  • Ceiling Fans
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Double Pane Windows
  • Vinyl Flooring

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 22 $2,101 CAD 931
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 139-11-714-006
  • 139-11-714-008
  • 139-11-714-007
  • 139-11-714-009
Land Assessment
$250,528 CAD
Improvements Assessment
$0 CAD
Total Assessment
$250,528 CAD
Annual Taxes
$30,994 CAD ($1.51 CAD/SF)
Tax Year
2026
  • Listing ID: 38444154

  • Date on Market: 2025-11-13

  • Last Updated:

  • Address: 2301 Seco Adobe Cir, North Las Vegas, NV 89030

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