Courtesy of International Realty LV, Lawrence J. Strychalski.
This building was operated as a short-term rental (Airbnb) for many years. While it did not have a license, there were no issues with the city during that time. Located just one block from Las Vegas Blvd, it’s an ideal location for tourists and individuals working on the Strip. Now that the owner has decided to sell, the units are being rented on a month-to-month basis to preserve flexibility for the next buyer—should they wish to convert it back to a short-term rental, which was previously very profitable (generating over $100 per night per unit). Currently, one tenant continues to book through Airbnb and has been residing on the property for over six months any paying $1,995 a month.
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