91 rooms Vegas Hotel For Sale = Only $2.7 Millions!



91 rooms Vegas Hotel For Sale = Only $2.7 Millions!

Price:
$2,700,000
No. Rooms:
91
Building Size:
35,374 SF


Price/Room:
$29,670.33
Property Type:
Hotel & Motel

Lot Size:
1.27 AC


Description

Former 91-room Claremont Hotel- located in Las Vegas, Nevada- the entertainment capital of the world. The Hotel is conveniently located one mile from the world renowned casino and resort corridor: The Las Vegas Strip. Endless possibilities exist for re-positioning the hotel's 91 rooms which consist of a three-story interior corridor building on 1.3 acres. 

Entry to guest rooms are internal and upgraded with keyless entry system. There are several room types (former configuration included suites, double-doubles and kings). The property also features ample parking and strong freeway visibility with a massive sign exposing the property to over 200,000 drivers daily. The pool is in excellent condition, along with the clubhouse- both are great attributes which will require very little refurbishment. The clean and modern lobby area shows well. The Property is currently independent of a franchise affiliation giving new ownership latitude or rebranding considerations.

The location is second to none - Direct East exposure to Interstate 15 between Spring Mountain (Exit used for Fashion Show Mall, Wynn & Encore Resorts as well as Venetian and Palazzo) and Sahara Avenue, the property offers quick highway access to all population centers of the Las Vegas Valley. The Hotel is conveniently located one mile from the world renowned casino and resort corridor: The Las Vegas Strip. Minutes from these massive iconic destinations; the Venetian, Bellagio, Sands Expo and Convention Center, and Fashion Show Mall and just east of the Palace Station Casino. 

The property is very close to new development on the Northern part of the Strip where Genting group is constructing the $4 billion first phase on its 87 acre site, which includes a 3,000-room hotel and a 175,000-square-foot (16,300 m2) casino.





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