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TWAIN CHALETS 711 E Twain Ave 41 Unit Apartment Building $7,094,125 CAD ($173,027 CAD/Unit) 7.41% Cap Rate Las Vegas, NV 89169
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 (Pro Forma - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$658,853
|
$25.42
|
| Other Income |
$8,265
|
$0.32
|
| Vacancy Loss |
$32,943
|
$1.27
|
| Effective Gross Income |
$634,175
|
$24.47
|
| Taxes |
$23,851
|
$0.92
|
| Operating Expenses |
$89,675
|
$3.46
|
| Total Expenses |
$113,527
|
$4.38
|
| Net Operating Income |
$520,648
|
$20.09
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $658,853 |
| Annual Per SF | $25.42 |
| Other Income (CAD) | |
|---|---|
| Annual | $8,265 |
| Annual Per SF | $0.32 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $32,943 |
| Annual Per SF | $1.27 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $634,175 |
| Annual Per SF | $24.47 |
| Taxes (CAD) | |
|---|---|
| Annual | $23,851 |
| Annual Per SF | $0.92 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $89,675 |
| Annual Per SF | $3.46 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $113,527 |
| Annual Per SF | $4.38 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $520,648 |
| Annual Per SF | $20.09 |
Property Facts
| Price | $7,094,125 CAD | Building Class | C |
| Price Per Unit | $173,027 CAD | Lot Size | 0.82 AC |
| Sale Type | Investment | Building Size | 25,916 SF |
| Cap Rate | 7.41% | Average Occupancy | 95% |
| No. Units | 41 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1972/2025 |
| Property Subtype | Apartment | Parking Ratio | 0.85/1,000 SF |
| Apartment Style | Garden | Opportunity Zone |
Yes
|
| Zoning | R5 | ||
| Price | $7,094,125 CAD |
| Price Per Unit | $173,027 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 | $1,309 CAD | 580 |
| 2+2 | 1 | $2,548 CAD | 1,800 |
1 1
Very walkable
80/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 162-15-312-034 | Total Assessment | $748,399 CAD |
| Land Assessment | $332,900 CAD | Annual Taxes | $23,851 CAD ($0.92 CAD/SF) |
| Improvements Assessment | $415,498 CAD | Tax Year | 2026 |
Property Taxes
Parcel Number
162-15-312-034
Land Assessment
$332,900 CAD
Improvements Assessment
$415,498 CAD
Total Assessment
$748,399 CAD
Annual Taxes
$23,851 CAD ($0.92 CAD/SF)
Tax Year
2026
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TWAIN CHALETS | 711 E Twain Ave
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