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Rodeway Inn Las Vegas 2009 Fremont St 31 Room Hotel Las Vegas, NV 89101 $3,875,000 ($125,000/Room)
Executive Summary
Marquee Hotel Group has been chosen to exclusively market for sale the Rodeway Inn Las Vegas, a single-story motel located in Las Vegas Nevada. Built in 1954 and completely renovated in 2025, the property is a budget-friendly motel consisting of 31 exterior corridor guest rooms. Each guest room features a TV, work desk, microwave, and refrigerator (some rooms).
The Rodeway Inn Las Vegas is ideally situated along Fremont Street in the heart of Downtown Las Vegas. The property is a short walk to the Fremont Street Experience. The motel is also a short drive to the Las Vegas strip. Further, the hotel is six miles from Harry Reid International Airport and three miles from the world-famous Las Vegas Strip.
The Rodeway Inn Las Vegas, presents the opportunity to acquire a franchised motel in a stable market near several demand drivers. The property is dual licensed with the city of Las Vegas to rent rooms on a daily and/or monthly basis. Our Pro Forma analysis assumes continued modest growth supported by the increasing population and demand growth in this strategic location.
The Rodeway Inn Las Vegas is ideally situated along Fremont Street in the heart of Downtown Las Vegas. The property is a short walk to the Fremont Street Experience. The motel is also a short drive to the Las Vegas strip. Further, the hotel is six miles from Harry Reid International Airport and three miles from the world-famous Las Vegas Strip.
The Rodeway Inn Las Vegas, presents the opportunity to acquire a franchised motel in a stable market near several demand drivers. The property is dual licensed with the city of Las Vegas to rent rooms on a daily and/or monthly basis. Our Pro Forma analysis assumes continued modest growth supported by the increasing population and demand growth in this strategic location.
Property Facts
| Price | $3,875,000 | Building Size | 15,500 SF |
| Price Per Room | $125,000 | No. Rooms | 31 |
| Sale Type | Investment | No. Stories | 1 |
| Sale Condition | 1031 Exchange | Year Built/Renovated | 1954/2025 |
| Property Type | Hospitality | Parking Ratio | 3.23/1,000 SF |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.57 AC | ||
| Zoning | C-2 | ||
| Price | $3,875,000 |
| Price Per Room | $125,000 |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.57 AC |
| Building Size | 15,500 SF |
| No. Rooms | 31 |
| No. Stories | 1 |
| Year Built/Renovated | 1954/2025 |
| Parking Ratio | 3.23/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | C-2 |
Amenities
- High Speed Internet Access
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 31 | $95.00 | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 139-35-802-003 | Improvements Assessment | $105,958 |
| Land Assessment | $135,625 | Total Assessment | $241,583 |
Property Taxes
Parcel Number
139-35-802-003
Land Assessment
$135,625
Improvements Assessment
$105,958
Total Assessment
$241,583
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Rodeway Inn Las Vegas | 2009 Fremont St
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