Highlights

• Detailed financials do not exist as this property has been under renovation for 1 yr.
• With all rooms finished, price per room would be around $18,600.
• Sale includes mobile home park.

• Entire roof and many rooms are brand new.
• Property is priced at near land value alone.
• Parking lot has just been resurfaced and painted. Seller may finance with 50% down.

Description

Property has 50 active newly remodeled rooms (see pics), and 28 rooms that need complete renovating for a possible total of 78 rooms. In the last year we have spent over $500,000.00 in renovation. Property has weekly residents. Our goal is to become the best "weekly" property for casino workers in the area. New, large conference room with kitchen and bathroom facilities. Sale includes mobile home park: 18 units @ $300.00 per month per unit. Park is licensed for additional units. Property also has income from large freeway sign. Great potential for investor/owner to finish additional rooms in back. Priced below raw-ground value. Owner may consider financing with 50% down. Will discount for cash sale. Great opportunity.

Great location within walking distance to Wendover, Nevada casinos and concert venues. Huge lot. Easy freeway access. Call Teresa Glenn at 801-201-1401 or Lan England at 801-580-7888 for more information. No sales sign is on property. Please do not disturb management or clientele. We will be happy to arrange a site visit. The possibility exists for this area to be licensed for gambling. If this occurs, the property will increase in value many fold.