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22 units for sale Multi-family Built 2026 2301 Seco Adobe Cir 22 Unit Apartment Building $7,618,655 CAD ($346,303 CAD/Unit) 5.11% Cap Rate North Las Vegas, NV 89030
Investment Highlights
- Near Freeway I-15 quick access
- 6 plex buildings and 4 plex
- New Construction
Executive Summary
UPDATE 8/31/2026 - Currently 11 units are rented at $1445.00 per month,, Construction completed and units are being rented. 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. 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 |
$510,145
|
$24.91
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$510,145
|
$24.91
|
| Taxes |
$58,179
|
$2.84
|
| Operating Expenses |
$62,334
|
$3.04
|
| Total Expenses |
$120,513
|
$5.88
|
| Net Operating Income |
$389,632
|
$19.02
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $510,145 |
| Annual Per SF | $24.91 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $510,145 |
| Annual Per SF | $24.91 |
| Taxes (CAD) | |
|---|---|
| Annual | $58,179 |
| Annual Per SF | $2.84 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $62,334 |
| Annual Per SF | $3.04 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $120,513 |
| Annual Per SF | $5.88 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $389,632 |
| Annual Per SF | $19.02 |
Property Facts
| Price | $7,618,655 CAD | Property Subtype | Apartment |
| Price Per Unit | $346,303 CAD | Apartment Style | Garden |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 5.11% | Lot Size | 0.19 AC |
| Sale Condition | Bulk/Portfolio Sale | Building Size | 20,482 SF |
| Gross Rent Multiplier | 14.93 | No. Stories | 3 |
| No. Units | 22 | Year Built | 2026 |
| Property Type | Multifamily | ||
| Zoning | R4-R6 | ||
| Price | $7,618,655 CAD |
| Price Per Unit | $346,303 CAD |
| Sale Type | Investment |
| Cap Rate | 5.11% |
| Sale Condition | Bulk/Portfolio Sale |
| Gross Rent Multiplier | 14.93 |
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.19 AC |
| 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
Site Amenities
- 24 Hour Access
- Security System
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 22 | $2,002 CAD | 931 |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Total Assessment | $251,815 CAD | |
| Land Assessment | $251,815 CAD | Annual Taxes | $58,179 CAD ($2.84 CAD/SF) |
| Improvements Assessment | $0 CAD | Tax Year | 2026 |
Property Taxes
Parcel Numbers
Land Assessment
$251,815 CAD
Improvements Assessment
$0 CAD
Total Assessment
$251,815 CAD
Annual Taxes
$58,179 CAD ($2.84 CAD/SF)
Tax Year
2026
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Presented by
Dara Realty Group
22 units for sale Multi-family Built 2026 | 2301 Seco Adobe Cir
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