Northcap Multifamily is pleased to present the Orleans Square co-op condo units. This portfolio consists of 45 units scattered through-out four buildings within the Co-Op community ideally situated in the heart of downtown Las Vegas. The community was built in 1962 and this portfolio consists of 1 Studio, 11 one bedroom, 23 two bedroom and 10 three bedroom units averaging approximately 750 SF.
Orleans Square was converted from apartments to a deeded co-op in 1982. Each unit like a condo gets its own deed and grants 1/120th ownership of the common areas. It is not the same type of co-op as seen in New York and New Jersey.
The units are located at 501 S. Maryland Pkwy. and 500 S. 13th Street in the heart of Downtown Las Vegas. The community offers its tenants affordable units within close proximity to downtown employment centers, bus lines, shopping and entertainment, while less than a mile away from the Las Vegas Strip.