Casino / Hotel / Resort On Vegas Strip
Location Nevada,United States
Asking Price Range > $35.0M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2005
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Description The opportunity is to acquire the 2.17 acre parcel with current entitlements for 945 condo units, FAA height approval for 923 ft.(approx. 73 stories), and an UNLIMITED AND UNRESTRICTED, grandfathered gaming license that runs with the land. The license does not necessitate a 24 hour restaurant and there is no hotel room requirement. The site can sustain a casino, hotel, or commercial center use. The entitlemens have been extended by Las Vegas for another 12 months. The sale includes the permits, gaming license, FAA approval, and all design drawings for the tower. With dramatic gun barrel views of the Vegas Skyline, the tower rendering was honored for its design already, in the pre-construction category. It is possibly a national land-mark, with the title of the tallest building west of the Mississippi, reaching heights higher then the space needle in Washington. Executive Summaries are available upon request to financially qualified buyers. Contact for more information on this Casino / Hotel / Resort for sale.
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