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2540 Fremont St
Las Vegas, NV 89104
Fremont Palms Apartments · Multifamily Property For Sale
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53 Units
Investment Highlights
- Completely renovated 53 unit stabilized property in Downtown Las Vegas located on the busy Fremont Street in a prime high demand rental location.
- Very attractive financing available to buyers.
- 100% occupied - most tenants on annual leases with security deposits in place.
- Brand new roofs with 10 year warranty.
Property Facts
| No. Units | 53 | Building Size | 60,000 SF |
| Property Type | Multifamily | Average Occupancy | 85% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1979/2019 |
| Building Class | C | Parking Ratio | 2.19/1,000 SF |
| Lot Size | 1.06 AC | ||
| Zoning | C-2, Las Vegas - Apartment Use | ||
| No. Units | 53 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.06 AC |
| Building Size | 60,000 SF |
| Average Occupancy | 85% |
| No. Stories | 2 |
| Year Built/Renovated | 1979/2019 |
| Parking Ratio | 2.19/1,000 SF |
| Zoning | C-2, Las Vegas - Apartment Use |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Heating
- Tile Floors
- Kitchen
- Granite Countertops
- Refrigerator
- Oven
- Range
- Tub/Shower
- Window Coverings
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Security System
- Tenant Controlled HVAC
- Recycling
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 1 | $995.00 | 868 |
| 1+1 | 52 | $850.00 | 450 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $279,386 | |
| Land Assessment | $211,947 | Total Assessment | $491,333 |
Property Taxes
Parcel Numbers
Land Assessment
$211,947
Improvements Assessment
$279,386
Total Assessment
$491,333
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