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.