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121 N 8th St
Las Vegas, NV 89101
The Downtowner Boutique Hotel · Hospitality Property For Sale
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125 Rooms
Investment Highlights
- PRIME DOWNTOWN LAS VEGAS LOCATION: The Hotel is in the heart of Downtown Las Vegas, just a short walk to the entrance of Fremont Street Experience.
- OPPORTUNITY ZONE: The hotel is located within a designated Opportunity Zone in Las Vegas offering exceptional tax advantages.
- VALUE-ADD OPPORTUNITY: Qualified Buyers have the opportunity to purchase six (6) additional parcels in conjunction with The Downtowner.
- FAVORABLE MARKET CONDITIONS: The city has consistently seen strong tourism numbers.
Property Facts
| Property Type | Hospitality | No. Rooms | 125 |
| Property Subtype | Hotel | No. Stories | 2 |
| Lot Size | 0.82 AC | Year Built/Renovated | 1965/2024 |
| Building Size | 50,731 SF | ||
| Zoning | T5-MS (T5 Main Street) | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Lot Size | 0.82 AC |
| Building Size | 50,731 SF |
| No. Rooms | 125 |
| No. Stories | 2 |
| Year Built/Renovated | 1965/2024 |
| Zoning | T5-MS (T5 Main Street) |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 125 | - | - |
Property Taxes
| Parcel Number | 139-34-612-018 | Improvements Assessment | $129,899 |
| Land Assessment | $150,150 | Total Assessment | $280,049 |
Property Taxes
Parcel Number
139-34-612-018
Land Assessment
$150,150
Improvements Assessment
$129,899
Total Assessment
$280,049
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