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Investment Highlights

  • Location , Location, -Close to the Strip , Sphere , Convention Center , Venetian Hotel, Wynn, China Town and Freeway I-15
  • Luxury Townhome Two Bed/ Two Bath ,Two huge Balconies two & car garage is included in this sale
  • Beautiful Sparkling Pool - Just Redone , Replaster
  • All Units are cozy one Bedroom Loft style with 17 units have covered parking plus more parking
  • Just Renovated 2025 - All Fresh Exterior New Paint
  • New A/C 20 units and more

Executive Summary

Total 41 Units which 40 units are One Bedroom/ One Bath Loft Style PLUS 1 Town Home Two Bedroom / Two car garage . Major Renovation done in 2025 ; All fresh exterior new paint, New Pool Re-Plaster. New A/C in 20 units,

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $671,446 $25.91
Other Income $8,423 $0.33
Vacancy Loss $33,573 $1.30
Effective Gross Income $646,297 $24.94
Taxes $24,307 $0.94
Operating Expenses $91,389 $3.53
Total Expenses $115,697 $4.46
Net Operating Income $530,600 $20.47

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $671,446
Annual Per SF $25.91
Other Income (CAD)
Annual $8,423
Annual Per SF $0.33
Vacancy Loss (CAD)
Annual $33,573
Annual Per SF $1.30
Effective Gross Income (CAD)
Annual $646,297
Annual Per SF $24.94
Taxes (CAD)
Annual $24,307
Annual Per SF $0.94
Operating Expenses (CAD)
Annual $91,389
Annual Per SF $3.53
Total Expenses (CAD)
Annual $115,697
Annual Per SF $4.46
Net Operating Income (CAD)
Annual $530,600
Annual Per SF $20.47

Property Facts

Price $7,229,725 CAD
Price Per Unit $176,335 CAD
Sale Type Investment
Cap Rate 7.41%
No. Units 41
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.82 AC
Building Size 25,916 SF
Average Occupancy 95%
No. Stories 2
Year Built/Renovated 1972/2025
Parking Ratio 0.85/1,000 SF
Opportunity Zone Yes
Zoning R5

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Carpet

Site Amenities

  • 24 Hour Access
  • Courtyard
  • Fenced Lot
  • Laundry Facilities
  • Gated
  • Maintenance on site

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 40 $1,334 CAD 580
2+2 1 $2,597 CAD 1,800
Very walkable
80/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
162-15-312-034
Land Assessment
$337,429 CAD (2026)
Improvements Assessment
$421,150 CAD (2026)
Total Assessment
$758,579 CAD (2026)
Annual Taxes
$24,307 CAD ($0.94 CAD/SF)
Tax Year
2025
  • Listing ID: 39654330

  • Date on Market: 2026-03-04

  • Last Updated:

  • Address: 711 E Twain Ave, Las Vegas, NV 89169

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