What Esplanade does

Esplanade is a residential apartment community located at 8777 West Maule Avenue in southwest Las Vegas, NV, offering one-, two-, and three-bedroom floor plans including townhome options with direct-access garages. The property spans 10 distinct layouts ranging from 895 to 1,713 square feet, with rents from approximately $1,515 to over $2,035 per month. The community is professionally managed by CONAM (Continental American Properties), which handles leasing, on-site maintenance, and day-to-day operations. Esplanade positions itself as offering the largest apartment layouts in southwest Las Vegas and provides resort-style amenities including a heated pool and spa, fitness center, resident clubhouse with media lounge, business center, and gated controlled-access buildings.

Revenue is generated primarily through monthly rental payments, supplemented by pet rent ($35 per pet per month), one-time non-refundable pet fees ($300 per pet), and $300 security deposits. Active promotional specials include $500 off move-in on select one-bedroom units and $700 off move-in on select two-bedroom units to drive leasing velocity. The go-to-market approach is direct-to-consumer, combining on-site leasing office availability Monday through Saturday with digital channels including online applications via On-Site.com, scheduled property tours, and a content blog. Technology integrations include PayReady for online resident payments and service requests, Bilt Rewards for rent-based loyalty points, Cox Quick Connect for internet service, and On-Site.com for digital applications.

The community targets mid-market renters, including working professionals, families, and pet owners, with a specific emphasis on its proximity to Durango Casino (2-minute walk), the UnCommons entertainment district (5-minute walk), and Downtown Summerlin (8-minute drive). Customer segmentation includes primary mid-market renters, pet owners seeking pet-friendly housing with a 50-pound weight limit and allowance of up to two pets, and townhome seekers looking for direct-access garages and additional privacy. The business operates within a single submarket with no disclosed expansion plans, additional properties, or capital raise activity.

Name

Esplanade

Website

https://esplanadeapt.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Esplanade is a residential apartment community in southwest Las Vegas offering one-, two-, and three-bedroom floor plans including townhomes, professionally managed by CONAM and serving mid-market renters seeking spacious accommodations near Durango Casino and UnCommons.

Ownership category

akta.pro rank

Product category

Residential Apartment Rentals

NAICS

Accommodation (721)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Furnished Monthly Apartments (Urban/Residential) (THAMAFAB)

Keywords

• Residential apartment rentals
• Multifamily housing leasing
• Townhome rentals
• Pet-friendly apartments
• Luxury apartment community

Headquarters

HQ city

Las Vegas

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Monthly Rent Payments: Primary revenue from monthly rental payments for apartment units including one, two, and three-bedroom homes and townhomes. Rents range from approximately $1,515 to $2,035 per month depending on unit size and floor plan.
2. Pet Rent and Fees: One-time non-refundable pet fee of $300 per pet plus monthly pet rent of $35 per pet for residents with cats and dogs.
3. Application Fees: Security deposits of $300 per unit and potential move-in fees for new residents.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Esplanade is a residential apartment community in southwest Las Vegas that leases one-, two-, and three-bedroom apartments and townhomes to individuals and families. The community offers 10 distinct floor plans ranging from 895 to 1,713 square feet at monthly rents from $1,515 to $2,035, inclusive of resort-style amenities such as a heated pool and spa, fitness center, clubhouse, business center, and gated controlled-access buildings. It is professionally managed by CONAM and targets mid-market renters seeking spacious, modern living near Las Vegas entertainment and dining destinations.

Product overview

Esplanade is an apartment community in southwest Las Vegas offering one-, two-, and three-bedroom floor plans including townhome options with direct-access garages. The portfolio consists of ten distinct floor plans (Metro, Oxford, Henley, Shea, Soho, Grier, Chelsea, Manhattan, Kent, Tribeca) ranging from 895 to 1,713 square feet, with rents from $1,515 to over $2,000/month. Community amenities include a resort-style heated pool and spa, fitness center, resident clubhouse with media lounge, business center, and gated access. The community is managed by CONAM and is located near Durango Casino and UnCommons entertainment district.

Differentiator

Problem solved

Functional benefit

Products and services

• Metro Floor Plan One-bedroom, one-bathroom apartment unit with 895 square feet, featuring granite counters, full-size washer/dryer, and garden tub in select units. Rent starts at $1,540/month with a $300 deposit. For individuals or couples seeking modern one-bedroom living in southwest Las Vegas.
• Oxford Floor Plan One-bedroom apartment with 941 square feet, featuring granite counters, full-size washer/dryer, and garden tub in select units. Rent ranges from $1,515-$1,615/month with a $300 deposit. For individuals or couples seeking a slightly larger one-bedroom layout.
• Henley Floor Plan Two-bedroom, two-bathroom apartment with 1,191 square feet, featuring a modern kitchen with black appliance package. Rent starts at $1,740/month. For small families or roommates seeking two-bedroom living.
• Shea Floor Plan Two-bedroom apartment with 1,199 square feet, featuring a gourmet kitchen with granite counters and hard-surface flooring. Rent ranges from $1,750-$1,800/month. For small families or roommates.
• Soho Floor Plan Two-bedroom apartment with 1,212 square feet. Currently no availability per source data. For small families or roommates seeking two-bedroom living.
• Grier Floor Plan Two-bedroom apartment with 1,238 square feet. Rent at $1,785/month. For small families or roommates.
• Chelsea Floor Plan Two-bedroom apartment with 1,295 square feet, featuring 9-foot ceilings and full-size washer/dryer. Rent ranges from $1,910-$2,035/month. For families or roommates seeking a larger two-bedroom layout.
• Manhattan Floor Plan Two-bedroom, two-and-a-half bathroom townhome with 1,508 square feet and direct-access garage. Pricing available by inquiry. For residents seeking townhome-style living with garage access.
• Kent Floor Plan Three-bedroom apartment with 1,381 square feet. Pricing available by inquiry. For families seeking three-bedroom apartment living.
• Tribeca Floor Plan Three-bedroom townhome with 1,713 square feet featuring two-car garage access. Largest floor plan offered. Pricing available by inquiry. For families or residents seeking townhome living with the most space and garage access.

Quantifiable outcome

• 2-minute walk to Durango Casino, 5-minute walk to UnCommons, 8-minute drive to Downtown Summerlin
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature3 records

Partnerships

Three partnerships are on record, tiered minor and core.

• Bilt RewardsminorGTM or Marketing PartnerBilt Rewards is a rent rewards program that allows residents to earn points on their monthly rent payments. Residents can login through the Bilt Rewards portal linked on the Residents page.
• Pay ReadycoreTechnology or IntegrationPay Ready provides the resident portal for online rent payments and service requests. Residents access the portal via resident.payready.com to submit payments and maintenance requests.
• CONAMcoreImplementation/ SI/ Consulting PartnerCONAM (Continental American Properties) is the property management company that professionally manages Esplanade. They handle day-to-day operations, leasing, and property maintenance. Website footer indicates 'Professionally Managed By: CONAM' and CONAM logo appears throughout the site.

Scale indicators3 records

Recent moves1 record

Expansion highlights4 records

Direct peers

• Camden Property Trust: Sun Belt-focused apartment REIT operating Class A garden-style communities with similar mid-market pricing and amenity packages. Comparable business model of recurring monthly rents on suburban-style multifamily assets.
• AvalonBay Communities: National apartment REIT with urban and suburban high-end garden-style communities offering modern finishes, resort-style amenities, and townhome-style floor plans. Directly comparable on product offering and tenant profile.

Broad incumbents

• UDR Inc. Diversified apartment REIT with West Coast and Sun Belt properties including Las Vegas. Comparable in product type (garden-style and mid-rise apartments with modern amenities) but operates at much greater scale.
• Greystar Real Estate Partners: Largest US apartment operator and third-party property manager. Provides institutional property management services similar to CONAM's role for Esplanade and operates directly comparable multifamily communities nationwide.
• Essex Property Trust: West Coast-focused apartment REIT operating Class A garden-style communities with similar amenity packages and unit finishes. Provides a comparable operating benchmark for premium multifamily product, though concentrated on the Pacific Coast.
• Lincoln Property Company: National multifamily management and development firm operating Class A garden-style apartments with resort-style amenities. Comparable operating model and direct competitor for institutional property management mandates.
• Mid-America Apartment Communities: Sun Belt-focused apartment REIT with comparable garden-style product, amenity packages, and mid-market positioning. Strong geographic overlap in markets like Las Vegas and similar tenant demographics.
• Bozzuto Group: Multifamily developer, owner, and third-party manager of Class A apartment communities with comparable amenity-rich positioning and modern finishes. Comparable on operating model and product positioning, though more focused on the East Coast.
• Equity Residential: Large apartment REIT with a portfolio of urban and suburban rental communities, including Sun Belt exposure. Comparable as a benchmark for institutional multifamily operations, though materially larger and more diversified.

Others

• CONAM (Continental American Properties): Property management company that professionally manages Esplanade and handles day-to-day operations, leasing, and maintenance. Listed as a partner/ecosystem participant rather than a direct peer, as it is the incumbent operator for this asset.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Esplanade