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APPROVED HOTEL/CASINO SITE PRICE SLASHED TO $20M!
5201 5285 Dean Martin Drive, Las Vegas, NV 89118
$20,000,000
127
217,800 SF
$157,480.31
Hotel & Motel
Full Service
Restaurant
Investment
1%
Yes
5 AC
-
Find Out More...
Last Verified 10/28/2009
Listing ID 16171896
Description
MUST SELL! LAND TO BUILD! APPROVED FOR OVER 60 STORY HIGH, 1800 UNIT HOTEL/CASINO. DRASTICALLY REDUCED (FROM $100M) TO $20M.
127 ROOMS, PLUS NIGHT CLUB ON SEPARATE LOT!!!!!!!!!!!!!
This property is one of the few remaining H-1, MUD-1 Hotel Casino sites and sits directly across from The Mandalay Bay, The Luxor Resort and The Excalibur Hotel/Casino! M U S T S E L L !
Property currently has a fully operational 128 room motel complete with large pool area. The other parcel has a beautiful, separate building currently utilized as a Bar/Nightclub. It is fully equipped with state of the art sound system, VIP upper level and amazing tenant improvements. This property can be used for a number of projects so let your imagination soar, this is your opportunity!
On Dean Martin Drive & Hacienda Avenue - Paralell to the I-15 Freeways and directly across form the Mandalay Bay Resort, The Luxor Hotel/Casino and The Excalibur Hotel/Casino. UNOBSTRUCTED VIEWS OF THE STRIP!
Map of 5201 5285 Dean Martin Drive, Las Vegas, NV 89118 (Clark County)
Created 3/30/2009
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.