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Hospitality Featured

The Copper — Boutique Hotel & Residences

515 Fremont St, Las Vegas, NV 89101

Asking price

$96M

Cap rate

7.2%

NOI
$7M
Square feet
210,000
Year built
2015
Price / SF
$457

Overview

142-key boutique hotel with strong RevPAR growth trajectory. This offering represents a compelling opportunity in the Las Vegas submarket. The asset benefits from strong in-place cash flow, defensible fundamentals, and multiple avenues for value creation through operational improvements, strategic repositioning, and market rent growth. Underwriting materials, T-12, rent roll, and full offering memorandum available upon signed confidentiality agreement.

Financial highlights

Asking price
$96,000,000
NOI (in-place)
$6,912,000
Cap rate
7.2%
Price per SF
$457

Documents

Detailed underwriting, T-12, and rent roll available under signed CA.

Offering Memorandum
Executive Summary
Full Financial Package
T-12 & Rent Roll

Location