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29771838
29771840

2009 E Fremont St, Las Vegas, NV 89101

MT
NV NV B.1003251
Marquee Commercial Lodging Advisors
Marquee Commercial Lodging Advisors
Listed by Marquee Commercial Lodging Advisors
$3,875,000
108 days on market
Updated 9 days ago
Opportunity zone

Rodeway Inn Las Vegas

Details
APN 139-35-802-003
Property Type Hospitality
Sub Type Hotel
Keys 31
Occupancy 85%
Pro-Forma Cap Rate 7.47%
Pro-Forma NOI $289,626
Price per SqFt $250
Year Built 1954
Year Renovated 2025
Buildings 1
Stories 1
Acreage 0.510
Parking Spaces 26 spaces
Investment Type Stabilized
Ground Lease No
Ownership Fee Simple

Hospitality | 31 Keys | $125,000/key

Marketing description

For access to DD and the OM please click here: https://rodewayinnlasvegas.sharplaunch.com/

The Rodeway Inn Las Vegas is a 31-room single story exterior corridor motel, situated on a .57-acre lot. Built in 1954 and completely renovated in 20025, the building is 15,500 sq. ft., concrete construction with a flat roof. This motel offers an excellent mix of single and double rooms.

The motel is located on Fremont Street, in the heart of the thriving city of Las Vegas Nevada. The property is well located off the interstate with excellent visibility. The hotel is an easy drive from local establishments such as Harry Reid Airport, the Las Vegas Strip and Downtown Las Vegas.

There are several demand drivers such: The Golden Nugget Casino, the Mob Museum and the Fremont Street Experience. The motel is in a major mixed-use development area with many single and multifamily homes being built, along with retail stores and shops.

This well-positioned asset presents a compelling opportunity for investors seeking stability, brand strength, and upside potential in a high-demand market.

Don't miss out on this incredible opportunity to own a piece of real estate in one of the most vibrant cities in the world. Contact us today to schedule a viewing and make this hospitality property yours before it's too late.

Listing Contacts

MT
NV NV B.1003251
Marquee Commercial Lodging Advisors
Marquee Commercial Lodging Advisors
Listed by Marquee Commercial Lodging Advisors

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Additional Information

Name
Marcus Threats, CCIM
License
NV B.1003251
Brokerage
Marquee Hotel Group
Brokerage Phone
702-347-3991
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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