MASTER LEASE OPPORTUNITY 85,000/MONTH | 2211 Las Vegas Blvd
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MASTER LEASE OPPORTUNITY 85,000/MONTH 2211 Las Vegas Blvd
120 Unit Apartment Building $85,000 ($708/Unit) Las Vegas, NV 89104
Investment Highlights
- Immaculate, recently renovated, Class A property with 120 units and luxurious amenities.
- Tremendous ROI potential with avoidance of high interest rates.
- Absolutely prime location on Las Vegas Boulevard.
- Surrounded by a rapidly growing workforce and a continuously growing area.
Executive Summary
Centennial Advisers is delighted to present the premier master lease opportunity at the exquisite apartment building located on the iconic Las Vegas Strip.
This exceptional property, brimming with luxurious amenities, offers a host of benefits that make it an enticing investment. Notably, by securing a master lease, you can operate a multi-million dollar property without the burden of a substantial down payment.
Located just north of Las Vegas Boulevard and Sahara, the immediate area has seen billions of dollars in public and private investment. To the North, a $100mm+ infrastructure investment has paved the way for the revitalization of the Arts District. To the South, both the New FountainBleau and the $75mm Atomic Driving Range development are proving to be in high demand for housing in the immediate area for a rapidly growing workforce. Other recent developments on the North strip include: a $140mm renovation to the STRAT, including a new Loop Station (owned by Elon Musk’s The Boring Company), a $100mm Renovation to Sahara Resort, and the opening of the $3.2mm Sphere Las Vegas.
Note: Please do not disturb tenants or enter the property. To inquire, please contact an agent and schedule a property tour.
This exceptional property, brimming with luxurious amenities, offers a host of benefits that make it an enticing investment. Notably, by securing a master lease, you can operate a multi-million dollar property without the burden of a substantial down payment.
Located just north of Las Vegas Boulevard and Sahara, the immediate area has seen billions of dollars in public and private investment. To the North, a $100mm+ infrastructure investment has paved the way for the revitalization of the Arts District. To the South, both the New FountainBleau and the $75mm Atomic Driving Range development are proving to be in high demand for housing in the immediate area for a rapidly growing workforce. Other recent developments on the North strip include: a $140mm renovation to the STRAT, including a new Loop Station (owned by Elon Musk’s The Boring Company), a $100mm Renovation to Sahara Resort, and the opening of the $3.2mm Sphere Las Vegas.
Note: Please do not disturb tenants or enter the property. To inquire, please contact an agent and schedule a property tour.
Property Facts
| Price | $85,000 | Apartment Style | Low Rise |
| Price Per Unit | $708 | Building Class | B |
| Sale Type | Investment | Lot Size | 2.17 AC |
| No. Units | 120 | Building Size | 128,000 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2020 |
| Price | $85,000 |
| Price Per Unit | $708 |
| Sale Type | Investment |
| No. Units | 120 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 2.17 AC |
| Building Size | 128,000 SF |
| No. Stories | 2 |
| Year Built | 2020 |
Unit Amenities
- Air Conditioning
- Cable Ready
- Disposal
- Microwave
- Washer/Dryer Hookup
- Heating
- Kitchen
- Ice Maker
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Site Amenities
- Laundry Facilities
- Pool
- Property Manager on Site
- Furnished Units Available
- Package Service
- Community-Wide WiFi
- Online Services
- Public Transportation
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PROPERTY TAXES
| Parcel Number | 162-03-401-005 | Improvements Assessment | $871,275 |
| Land Assessment | $619,500 | Total Assessment | $1,490,775 |
PROPERTY TAXES
Parcel Number
162-03-401-005
Land Assessment
$619,500
Improvements Assessment
$871,275
Total Assessment
$1,490,775
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MASTER LEASE OPPORTUNITY 85,000/MONTH | 2211 Las Vegas Blvd
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