1308 Fremont St | Las Vegas, NV 89101
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1308 Fremont St
Las Vegas, NV 89101
Lucky Lady Motel · Hospitality Property For Sale
·
10 Rooms
INVESTMENT HIGHLIGHTS
- Positioned perfectly in the East Fremont corridor of the booming Downtown Las Vegas submarket
- Near turn-key opportunity for experienced motel operators
- 10 units of varying sizes: (1) ±351sf, (1) ±319, (2) ±308, (1) ±292, (5) ±221sf. Recent 2019 renovation with completely remodeled rooms
- Recently constructed ±1,168 restaurant space with Fremont Street frontage and access is ready for tenancy.
- Nearby freeway access ensures easy access to/from all parts of the valley
- Secured, gated from parking lot area
PROPERTY FACTS
| Property Type | Hospitality | No. Rooms | 10 |
| Property Subtype | Hotel | No. Floors | 2 |
| Costar Property Class | C | Year Built | 1951 |
| Total Plot Size | 0.22 ac | Parking Allocation | 1.57/1,000 sq ft |
| Construction Status | Converted | Corridor | Exterior |
| Property Size | 4,501 sq ft | ||
| Use Class | C1/C2, Las Vegas | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Costar Property Class | C |
| Total Plot Size | 0.22 ac |
| Construction Status | Converted |
| Property Size | 4,501 sq ft |
| No. Rooms | 10 |
| No. Floors | 2 |
| Year Built | 1951 |
| Parking Allocation | 1.57/1,000 sq ft |
| Corridor | Exterior |
| Use Class | C1/C2, Las Vegas |
AMENITIES
- Restaurant
- High Speed Internet Access
- Public Access Wi-Fi
ABOUT 1308 FREMONT ST , LAS VEGAS, NV 89101
lucky lady motel is a ±4,501 sf 10-room motel located on the South side of East Fremont Street between 13th & 14th Streets. The property is newly renovated, well maintained, enjoys Fremont Street frontage, and provides a near turn-key opportunity for experienced motel operators to quickly activate services. Close proximity to the “Spaghetti Bowl” freeway interchange provides easy access to all surrounding areas.
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | sq ft |
|---|---|---|---|
| Guest Room | 10 | £65.00 | - |
PROPERTY TAXES
| Parcel Number | 139-35-310-031 | Improvements Assessment | £28,329 |
| Land Assessment | £32,733 | Total Assessment | £61,063 |
PROPERTY TAXES
Parcel Number
139-35-310-031
Land Assessment
£32,733
Improvements Assessment
£28,329
Total Assessment
£61,063
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