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Historic 30 Unit Motel in Downtown Las Vegas

Elfyer - Las Vegas, NV House - For Sale
Elfyer - Las Vegas, NV House - For Sale
Elfyer - Las Vegas, NV House - For Sale
Elfyer - Las Vegas, NV House - For Sale
Elfyer - Las Vegas, NV House - For Sale
Elfyer - Las Vegas, NV House - For Sale
The Towne and Country Motel is an amazing investment opportunity in Downtown Las Vegas. This historic property is in close proximity to Fremont Street Experience, local attractions, and located in a qualified Opportunity Zone.

This project is great for an investor/developer who is looking to take advantage of the tax benefits, location, and ability to build up to 5 stories of high density units. Due to its new zoning, you now have the option to operate as a nightly, weekly, extended stay, or convert to a multifamily apartment building.
  • 30 Completely Renovated Units
  • Turn-Key Operations
  • Zoned T4-C (build up to 5 stories of high density units)
  • Cap Rate: 7.2%
  • High Performing C Class Asset
  • Opportunity Zone (tax benefits)
  • NOI: $328,014
  • 2.5% Broker Co-op Fee Included
Sq Ft: 11,248
Yr Built: 1958
Asking: $4,500,000
Property Address
2033 Fremont Street
Las Vegas, NV
89101
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Agent photo
Mathew Giron
(702) 525-0354
Contact Agent
Lic#: S.0195887
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Proximity Capital
3560 polaris ave 
Suite # 14
  las vegas, NV 89103
(702) 638-9038


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Each office is independently owned and operated.

Information deemed reliable but not guaranteed.
Agent and/or buyer to verify all information.


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