Fremont Manor is a 36 apartment complex located in the East Fremont District of the downtown master plan overlay redevelopment zone. This 3 story garden style complex with interior hallways is a value add offering providing new ownership an asset with historically high occupancy on average of 97% that has the ability to increase rental rates to market value. Major capital improvements done to the subject property consist of new roof, remodeled kitchens, installation of an elevator and much more.
The unit mix for Fremont Manor consists of all 36 units being 1 bedroom 1 bathroom floor plans. Fremont Manor is within close proximity to downtown and strip corridor employment, major transportation arteries, schools of all grade levels and public transit routes enabling tenants to access transportation city wide.
Don't miss out on this value add opportunity and claim your share of the record breaking profits being made in the Las Vegas Multifamily market. Contact Paul Macaluso today to discuss this offering further. View 2019 Financials, YTD income/expenses, current rent roll, market rental survey and much more by visiting the dedicated property website link below or typing www.1841Fremont.com into your internet browser. Contact Paul Macaluso today to discuss this offering further.