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PROPERTY DETAILS Last Updated: 2/28/2010
Las Vegas Strip Re-Development
Main
Main Aerial_View SideView2
Offered By Top ^
United Country Real Estate
Kay Davis Inquire Above
Demographic Information Top ^
Address
City/State Las Vegas, Nevada
Postal Code
Country United States
Region US - Southwest
View Maps
Click Here
General Information Top ^
Franchise Independent
Property Type Limited Service
Market Type Urban
Number Of Rooms 116
Year Built 0
Terms Of Sale Cash
Listing Status Exclusive
Hotel Web Site
Property Description:
Historic property located on the world famous LV Strip w/ approx. 115 ft. of frontage on Las Vegas Blvd, 310 ft. of frontage on Casino Center. 160 ft of frontage on Utah. Within the LV Downtown Redevelopment Area, specifically falling into the boundaries of the Downtown Overlay District, Live/Work Overlay District, and the LV Blvd. Special provisions for this area also include many exemptions incl. height restrictions, gamine, setbacks, parking, and several others. PROPERTY NO: 27046-12314.
Location Description:
This property borders a proposed 85 Acre mixed use development (Project Neon - Pulse) which will consist of 3,00 Condo Units, a 6,000 Hotel Unit Casion and a Sports Arena. There are currently over 100 projects (residential, commercial, and government) either approved, proposed, or under construction in Downtown LV. Area befefits from excellent proximity to current and future Downtown projects. Located just minutes from the new multi-billion dollar developments on the LV Strip to the South.
Interior/Exterior Top ^
Lot Acreage 1.4
Building Sq. Feet
Banquet Capacity None
Corridor Exterior
Performance & Results Top ^
Trailing 12 mo. Prior Year End
Occupancy (%) % %
ADR N/A N/A
REVPAR N/A N/A
Room Revenue N/A N/A
Total Revenue N/A N/A
NOI N/A N/A
Asking Price (USD) $11,500,000

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