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Crown Portfolio 3 Multifamily Properties Offered at $5,173,114 CAD in Henderson, NV
Investment Highlights
- Modern Construction: Built between 2022 and 2024, the portfolio offers contemporary construction with modern interiors and minimal maintenance.
- Urban Lifestyle: Located within walking distance of Henderson’s Water Street District, residents enjoy convenient access to dining and entertainment.
- Limited Supply: The portfolio represents the only three multifamily developments consisting of 5-25 units completed in Henderson in over 15 years.
- Portfolio Scale: 17 units across three neighboring properties provide operational efficiencies while maintaining the flexibility of smaller assets.
Executive Summary
The Holden Group of Marcus & Millichap, as the exclusive listing group, is pleased to present the Crown Portfolio, a rare opportunity to acquire three recently constructed multifamily communities totaling 17 units in the heart of Downtown Henderson. Completed in 2022 and 2024, the portfolio offers a collection of thoughtfully designed one- and two-bedroom residences featuring contemporary finishes, private in-unit laundry, spacious floor plans, and low-maintenance construction. Located within walking distance of the Water Street District, residents enjoy convenient access to Henderson’s premier dining, retail, entertainment, and community events, creating a highly desirable urban living environment.
Strategically positioned within less than one-half mile of one another, the three properties provide operational efficiencies while maintaining the flexibility and appeal of smaller multifamily assets. The portfolio benefits from excellent connectivity to Interstate 11, Interstate 215, and major employment corridors throughout the Las Vegas Valley, allowing residents convenient access to Downtown Las Vegas, the Las Vegas Strip, Harry Reid International Airport, and the Henderson Executive Airport. This combination of accessibility and neighborhood amenities supports long-term tenant demand and stable occupancy.
The Crown Portfolio also represents a unique opportunity to acquire the only three multifamily developments consisting of 5 to 25 units constructed within the surrounding area in more than 15 years. High barriers to new infill apartment development have significantly limited comparable inventory, reinforcing the portfolio’s long-term competitive positioning. Combining modern construction, desirable resident amenities, and a premier Downtown Henderson location, the portfolio is well positioned to deliver durable cash flow, operational efficiency, and long-term value appreciation.
*Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent for a copy of the Offering Memorandum.*
Strategically positioned within less than one-half mile of one another, the three properties provide operational efficiencies while maintaining the flexibility and appeal of smaller multifamily assets. The portfolio benefits from excellent connectivity to Interstate 11, Interstate 215, and major employment corridors throughout the Las Vegas Valley, allowing residents convenient access to Downtown Las Vegas, the Las Vegas Strip, Harry Reid International Airport, and the Henderson Executive Airport. This combination of accessibility and neighborhood amenities supports long-term tenant demand and stable occupancy.
The Crown Portfolio also represents a unique opportunity to acquire the only three multifamily developments consisting of 5 to 25 units constructed within the surrounding area in more than 15 years. High barriers to new infill apartment development have significantly limited comparable inventory, reinforcing the portfolio’s long-term competitive positioning. Combining modern construction, desirable resident amenities, and a premier Downtown Henderson location, the portfolio is well positioned to deliver durable cash flow, operational efficiency, and long-term value appreciation.
*Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent for a copy of the Offering Memorandum.*
Taxes & Operating Expenses (Actual - 2025) |
Annual (CAD) |
|---|---|
| Gross Rental Income |
$410,502
|
| Other Income |
-
|
| Vacancy Loss |
$12,314
|
| Effective Gross Income |
$398,188
|
| Taxes |
$27,706
|
| Operating Expenses |
$95,366
|
| Total Expenses |
$123,072
|
| Net Operating Income |
$275,116
|
Taxes & Operating Expenses (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $410,502 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $12,314 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $398,188 |
| Taxes (CAD) | |
|---|---|
| Annual | $27,706 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $95,366 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $123,072 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $275,116 |
Property Facts
| Price | $5,173,114 CAD | Number of Properties | 3 |
| Price / SF | $417.69 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 5.32% | Total Building Size | 12,385 SF |
| Sale Type | Investment | Total Land Area | 0.43 AC |
| Status | Active |
| Price | $5,173,114 CAD |
| Price / SF | $417.69 CAD / SF |
| Cap Rate | 5.32% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 12,385 SF |
| Total Land Area | 0.43 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 51 E Texas Ave, Henderson, NV 89015 | Multifamily | 4,430 SF | 2022 | - |
| 251 S Texas Ave, Henderson, NV 89015 | Multifamily | 4,125 SF | 2022 | - |
| 150 Copper St, Henderson, NV 89015 | Multifamily | 3,830 SF | 2023 | - |
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