Extremely attractive Off-Market property in Las Vegas, NV
Unique, off-list opportunity to acquire a key property in the heart of the Arts District of Las Vegas. Located in qualified Op Zone and City of Las Vegas Redevelopment Area, with the potential for 0% capital gains tax on a highly appreciating asset, significant local property tax incentives and economic redevelopment incentives.
- The property is located in a City Redevelopment Area and Qualified Op Zone for potential tax-free capital gains
- IRR circa 21% and 9% cash on cash annual yield
- Equity Required - circa USD $5.0m
- Debt Required – circa USD $5.0m
- Sponsor a forward-thinking real estate development and hospitality company
- Sponsor brings deep operational expertise across hospitality, food and beverage, nightlife, wellness, and urban planning
- Sponsor specializes in urban core development, creative placemaking, and regenerative cultural initiatives
- Sponsor prioritizes community activation and long-term economic sustainability