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Crown Motel 2855 Fremont St 24 Room Hotel Las Vegas, NV 89104 $3,700,000 ($154,167/Room)



INVESTMENT HIGHLIGHTS
- Ideal for a variety of projects, including affordable housing, boutique motel, or medical rehab center, catering to the growing demand in the area.
- Close proximity to major transportation routes, providing easy access to downtown Las Vegas and key attractions, enhancing tenant or customer appeal.
- Boasts prominent frontage on Fremont Street, ensuring maximum visibility for any development.
PROPERTY FACTS
| Price | $3,700,000 | Building Size | 7,540 SF |
| Price Per Room | $154,167 | No. Rooms | 24 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1998 |
| Property Subtype | Hotel | Parking Ratio | 2.79/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 0.37 AC | Opportunity Zone |
Yes
|
| Zoning | H2 - Currently zoned General Highway Frontage District (H-2) Planned Zoning Entertainment Mixed-Use (EM) | ||
| Price | $3,700,000 |
| Price Per Room | $154,167 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.37 AC |
| Building Size | 7,540 SF |
| No. Rooms | 24 |
| No. Stories | 2 |
| Year Built | 1998 |
| Parking Ratio | 2.79/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | H2 - Currently zoned General Highway Frontage District (H-2) Planned Zoning Entertainment Mixed-Use (EM) |
AMENITIES
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 24 | $155.00 | - |
Bike Score®
Very Bikeable (72)
PROPERTY TAXES
| Parcel Number | 162-01-202-009 | Improvements Assessment | $237,071 |
| Land Assessment | $53,589 | Total Assessment | $290,661 |
PROPERTY TAXES
Parcel Number
162-01-202-009
Land Assessment
$53,589
Improvements Assessment
$237,071
Total Assessment
$290,661
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Crown Motel | 2855 Fremont St
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