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4650 Koval Ln 4 Unit Apartment Building $934,717 CAD ($233,679 CAD/Unit) Las Vegas, NV 89109
Investment Highlights
- LOCATION, LOCATION, LOCATION. This large fourplex multi-family located easy access from The Strip across from MGM casino.
- Upside and future development potential with long term stable management.
Executive Summary
Location, Location, Location! This is a rare opportunity to own a spacious fourplex multi-family property within walking distance of the world-famous Las Vegas Strip, directly across from the MGM Casino. The property offers strong upside potential and future development opportunities with long-term stable management. Each of the four units features large bedrooms, a living room, and a kitchen equipped with all appliances. Two units are fully furnished for extended stays.
Financial Summary (Pro Forma - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$93,751
|
$24.35
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$93,751
|
$24.35
|
| Taxes |
$4,729
|
$1.23
|
| Operating Expenses |
$21,485
|
$5.58
|
| Total Expenses |
$26,214
|
$6.81
|
| Net Operating Income |
$67,537
|
$17.54
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $93,751 |
| Annual Per SF | $24.35 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $93,751 |
| Annual Per SF | $24.35 |
| Taxes (CAD) | |
|---|---|
| Annual | $4,729 |
| Annual Per SF | $1.23 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $21,485 |
| Annual Per SF | $5.58 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $26,214 |
| Annual Per SF | $6.81 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $67,537 |
| Annual Per SF | $17.54 |
Property Facts
| Price | $934,717 CAD | Building Class | C |
| Price Per Unit | $233,679 CAD | Building Size | 5,171 SF |
| Sale Type | Investment | No. Stories | 2 |
| No. Units | 4 | Year Built | 1979 |
| Property Type | Multifamily | Parking Ratio | 0.77/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | R4 - Residential Multi Family | ||
| Price | $934,717 CAD |
| Price Per Unit | $233,679 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Building Size | 5,171 SF |
| No. Stories | 2 |
| Year Built | 1979 |
| Parking Ratio | 0.77/1,000 SF |
| Zoning | R4 - Residential Multi Family |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Fireplace
- Washer/Dryer
- Heating
- Kitchen
- Dining Room
- Pantry
- Window Coverings
- Large Bedrooms
Site Amenities
- Pool
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 3 | $2,023 CAD | 1,200 - 1,500 |
| 3+1 | 1 | $1,814 CAD | 1,100 |
1 1
Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 162-21-713-005 | Total Assessment | $163,005 CAD |
| Land Assessment | $72,093 CAD | Annual Taxes | $4,729 CAD ($0.91 CAD/SF) |
| Improvements Assessment | $90,912 CAD | Tax Year | 2026 |
Property Taxes
Parcel Number
162-21-713-005
Land Assessment
$72,093 CAD
Improvements Assessment
$90,912 CAD
Total Assessment
$163,005 CAD
Annual Taxes
$4,729 CAD ($0.91 CAD/SF)
Tax Year
2026
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4650 Koval Ln
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