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Fremont Manor 1841 E Fremont St 36 Unit Apartment Building $6,725,000 ($186,806/Unit) 5.77% Cap Rate Las Vegas, NV 89101



INVESTMENT HIGHLIGHTS
- Fully Renovated
- Gated Parking
- Proven upside on rent increases
- Individually Metered for power & water
- Downtown Redevelopment Zone
EXECUTIVE SUMMARY
Complete financials, rent roll, and detailed pro forma are available now at:
?? www.BuyLasVegasMultifamily.com/1841-Fremont
Don’t wait—assets like this move quickly when the numbers line up.
Request the full offering package today and see why Fremont Manor is one of the most compelling stabilized multifamily plays in Downtown Las Vegas.
Fremont Manor sits at 1841 Fremont Street, right in the heart of Downtown Las Vegas’s booming East Fremont District.
Every one of its 36 one-bedroom, one-bath units has been fully renovated—modern kitchens, updated bathrooms, luxury vinyl plank flooring, new HVAC, and energy-efficient fixtures throughout.
Each unit is individually metered for power and water, giving owners cleaner operations and stronger NOI from day one.
The property also features gated parking, on-site laundry, and a secure, low-maintenance layout that appeals to both workforce and young-professional tenants.
Fremont Manor is surrounded by momentum:
*Major city infrastructure projects and new mixed-use developments transforming the Downtown corridor.
*Brand-new Starbucks, Raising Cane’s, and local retail steps away, driving tenant demand and neighborhood growth.
*Minutes from the Arts District, Fremont Experience, UNLV Medical District, and the Strip.
This pocket of Downtown Las Vegas continues to outperform with rising rents, low vacancy, and a limited pipeline of renovated inventory—making stabilized assets like this increasingly rare.
Unlike older C-class stock still limping along under deferred maintenance, Fremont Manor offers investors the rare blend of new-construction feel and legacy-property cash flow. It’s an easy-to-manage, high-rent, low-headache investment positioned to ride the next wave of Downtown appreciation.
?? www.BuyLasVegasMultifamily.com/1841-Fremont
Don’t wait—assets like this move quickly when the numbers line up.
Request the full offering package today and see why Fremont Manor is one of the most compelling stabilized multifamily plays in Downtown Las Vegas.
Fremont Manor sits at 1841 Fremont Street, right in the heart of Downtown Las Vegas’s booming East Fremont District.
Every one of its 36 one-bedroom, one-bath units has been fully renovated—modern kitchens, updated bathrooms, luxury vinyl plank flooring, new HVAC, and energy-efficient fixtures throughout.
Each unit is individually metered for power and water, giving owners cleaner operations and stronger NOI from day one.
The property also features gated parking, on-site laundry, and a secure, low-maintenance layout that appeals to both workforce and young-professional tenants.
Fremont Manor is surrounded by momentum:
*Major city infrastructure projects and new mixed-use developments transforming the Downtown corridor.
*Brand-new Starbucks, Raising Cane’s, and local retail steps away, driving tenant demand and neighborhood growth.
*Minutes from the Arts District, Fremont Experience, UNLV Medical District, and the Strip.
This pocket of Downtown Las Vegas continues to outperform with rising rents, low vacancy, and a limited pipeline of renovated inventory—making stabilized assets like this increasingly rare.
Unlike older C-class stock still limping along under deferred maintenance, Fremont Manor offers investors the rare blend of new-construction feel and legacy-property cash flow. It’s an easy-to-manage, high-rent, low-headache investment positioned to ride the next wave of Downtown appreciation.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $6,725,000 | Building Class | C |
| Price Per Unit | $186,806 | Lot Size | 0.48 AC |
| Sale Type | Investment | Building Size | 22,000 SF |
| Cap Rate | 5.77% | Average Occupancy | 100% |
| Sale Condition | 1031 Exchange | No. Stories | 3 |
| No. Units | 36 | Year Built | 1981 |
| Property Type | Multifamily | Parking Ratio | 2.02/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | R4, Las Vegas | ||
| Price | $6,725,000 |
| Price Per Unit | $186,806 |
| Sale Type | Investment |
| Cap Rate | 5.77% |
| Sale Condition | 1031 Exchange |
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.48 AC |
| Building Size | 22,000 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1981 |
| Parking Ratio | 2.02/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R4, Las Vegas |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Microwave
- Kitchen
- Granite Countertops
- Refrigerator
- Range
- Walk-In Closets
SITE AMENITIES
- Controlled Access
- Fenced Lot
- Laundry Facilities
- Security System
- Gated
- Elevator
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 36 | $1,110 | 450 - 494 |
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Walk Score®
Very Walkable (83)
Bike Score®
Very Bikeable (70)
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Fremont Manor | 1841 E Fremont St
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