2009 Fremont St - Hospitality FOR SALE


Las Vegas, NV 89101- Downtown Las Vegas
$3,875,000 USD
702-245-6078
2009 Fremont St, Las Vegas, NV for Sale
$3,875,000 USD
Hospitality - FOR SALE
1/9
null | Request Cap Rate

2009 Fremont St
Las Vegas, NV 89101
Downtown Las Vegas


OVERVIEW

Marquee Hotel Group has been chosen to exclusively market for sale the Rodeway Inn Las Vegas, a single-story motel located in Las Vegas Nevada. Built in 1954 and completely renovated in 2025, the property is a budget-friendly motel consisting of 31 exterior corridor guest rooms. Each guest room features a TV, work desk, microwave, and refrigerator (some rooms). The Rodeway Inn Las Vegas is ideally situated along Fremont Street in the heart of Downtown Las Vegas. The property is a short walk to the Fremont Street Experience. The motel is also a short drive to the Las Vegas strip. Further, the hotel is six miles from Harry Reid International Airport and three miles from the world-famous Las Vegas Strip. The Rodeway Inn Las Vegas, presents the opportunity to acquire a franchised motel in a stable market near several demand drivers. The property is dual licensed with the city of Las Vegas to rent rooms on a daily and/or monthly basis. Our Pro Forma analysis assumes continued modest growth supported by the increasing population and demand growth in this strategic location.

FOR SALE DETAILS

PRICE

$3,875,000 USD

PRICE/SF

$250 USD /SF

# OF ROOMS

31

PRICE/ROOM

$125,000 {currency}

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rodeway Inn Las Vegas

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1954

PARKING SPACES

33

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

C-2

APN/PARCEL ID

139-35-802-003

ASK ABOUT THIS PROPERTY

Marcus Threats CCIMMarquee Lodging AdvisorsMore Info
702-245-6078

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Marcus Threats CCIMMarquee Lodging AdvisorsMore Info
702-245-6078

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.