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31418554
31418732

711 E Twain Ave, Las Vegas, NV 89169

Elite Realty
Listed by Elite Realty
$5,150,000
58 days on market
Updated 25 days ago
Opportunity zone

Twain Chalets

Details
APN 162-15-312-034
Property Type Multifamily
Sub Type Apartment Building
Units 41
Cap Rate 7.41%
NOI $381,792
Occupancy 95%
Pro-Forma Cap Rate 7.41%
Pro-Forma NOI $381,792
Class C
Year Built 1972
Year Renovated 2025
Buildings 4
Stories 3
Acreage 0.820
Zoning R-5
Parking Spaces 43 spaces
Investment Type Stabilized
Occupancy Date 03/01/2026
Ground Lease No

Prime Investment Property in the heart of Las Vegas- 41 Unit Apartment : $5,150,000

Marketing description

Total 41 Units which 40 units are one Bedroom Loft Style and 1 luxury TownHome . Great Location Close to The Strip, Venetian Hotel & Casino, The Sphere, Convention Center, China Town, FWY !-15, Fashion Show Mall, Shopping , Restaurants & much more

Major renovation done in 2025. All exterior New Paint, New Pool - Re- Plaster, New A/C in 20 Units. Property is in good working condition and Low Maintenance. All rented out with long term tenants. Parking are adequate with 1:1 ratio

Investment highlights

Price : $5,150,000

Units : 41 Units Total ( 40 Units are One Bedroom / One Bath Room Loft Style and 1 Town House 2000 Sq.Ft 3 Stories Owner Suite , 3 Bedroom / Two Bath with Two Car garage and Two Very Large Balcony , now rented with long term tenant

Location: Great Location close to the Strip and everything

Renovation: 2025

Only Cash Buyer

1031 Exchange OK

Listing Contacts

Elite Realty
Listed by Elite Realty

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$381,792.00
$31,816.00/mo

Valuation Metrics

0
DSCR
7.41%
Cap Rate
7.41%
ROI

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Additional Information

Name
Sasipimol Fulmer-Tulaya
License
45142
Brokerage
Elite Realty
Brokerage Phone
702-228-7227
Title
Real Estate Sale person
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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