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Forums » Commercial Properties for Sale or Lease » Casino Hotel for sale in Las Vegas

Casino Hotel for sale in Las Vegas Subscribe to Casino Hotel for sale in Las Vegas

8 posts by 6 users

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· Scottsdale, Arizona


The Las Vegas Hilton Hotel & Casino
$870,000,000 3000+ Rooms
80% purchase...other
20% has gaming license.
Will consider 100%
purchase $1.1B

Description:

The Las Vegas Hilton Hotel & Casino sits on 59 acres, one block east of the world famous Las Vegas Strip. In addition, there are another 21 undeveloped acres which have already been entitled for 4 towers, consisting of 1000 rooms each.

It is immediately adjacent to the Las Vegas Convention Center, one of the most modern and functional facilities
in the world. The Las Vegas Convention Center is more than 3.2 million square feet, and is home to the largest conventions in the world.
The Las Vegas Hilton Hotel & Casino includes 162,000 square feet of convention space, and works in conjunction with the Las Vegas Convention Center.

The hotel includes 2,956 rooms and 305 suites. Included within the 59 acres are approximately 25 acres available for development.
The property is situated along the monorail route, with a monorail station at the front door. The monorail links the Las Vegas Hilton Hotel & Casino to many of the other hotels along The Strip. The future plans are to
extend the monorail system, on the south, to McCarran International Airport, and on the north, to The Fremont Experience and downtown Las Vegas, and thereafter, to the hotels along the west side of The Strip.

The Las Vegas Hilton Hotel & Casino provides world-class entertainment, with Barry Manilow starring in the showroom on a regular basis. Other entertainers scheduled in the near future include George Lopez, Brooks &
Dunn and Trace Adkins. There are 16 restaurants on the property, offering guests a wide variety from which to choose.
The gaming areas are divided into three distinct areas. There is the 37,000 square foot, elegantly appointed
main casino, a 30,000 square foot SuperBook and the Space Quest Casino.

The casino includes 62 table games and 1,228 slot machines and video poker machines. The table games include Baccarat, Wheel of Fortune, Blackjack, Craps, Let It Ride Stud Poker, Pai Gow Poker, and Roulette.
The SuperBook is Nevada's largest and most technologically advanced sports wagering venue. The SuperBook can broadcast more than 40 different sporting events from around the world at any given time. There are 40 giant projection screens in the SuperBook, and a seating capacity of more than 300. The Space Quest Casino is the gateway to Star Trek: The Experience at the Las Vegas Hilton. There is a poker room, with 11 tables.

Please contact me with any interest,

Thanks,


Real Estate Investor · new york, NY


why is **** like this posted on here? this might be biggerpockets.com but no one has pockets like that I can assure you....


Real Estate Investor · Denver, Colorado


Now, now, that's really uncalled for. These big casino's trade hands all the time. I'd be a little surprised if someone here could take down a deal like this, but I'm certain someone will. The LV Hilton's a pretty prime property. I had no idea it was on the block.

Since its on the east side of the strip, wouldn't it fall under Harrah's dominion?

Small_flying-phoenixJon Holdman, Flying Phoenix LLC


Real Estate Investor · new york, NY


this deal will go down in a tokyo boardroom not via some website. these classifieds should list investments that are tangible to us investors... this is clearly not. however perhaps we could pool all our money/credit/resources together and make a sizeable down payment. btw this guy works for a lender in st paul, mn- safe bet he has nothing to do with hilton liquidating a billion dollar property...but thats just my NY sense talking


Rehabber · Santa Clarita, California


1 billion, thats it!!! I will take it, me, Tony Soprano, Robert De Niro, and Al Pacino will run it as well as take the skim. Forget about it!

Jordan, you are right. This post has no business here. I seriously doubt any mega wealthy individual capable of taking down such a large endevour is reading and posting on this site. Good luck with your sale. You might have better luck calling the Don - better known as The Donald, a.k.a. Donald Trump.

Small_barnardenterprisesWill Barnard, Barnard Enterprises, Inc.
E-Mail: info@barnardenterprises.com
Website: http://www.barnardenterprises.com
info@barnardenterprises.com


Real Estate Investor · Vancouver, Washington


Wow, what a reception to an ad for a casino. The art of networking is not necessarily to find which one of your associates can help you, but who do your associates know and their associates know.

If someone can come up with $40M, I know where we can get the rest. Someone I know is arranging a billion dollars for an Atlantic City casino, I believe. It might be somewhere else, but no matter, the money is available but you got to have SOME SKIN IN THE GAME.

If you believe you can't you are right, and if you believe you can you are right. I try never to look at something and say I can't do that. I prefer to look at things and ask myself how do I get that done. There is always a way, you just got to find it. Bring me $40M and I will let you be my 25% partner. :D :beer:


Real Estate Investor · Indiana, Indiana


You won't believe this but a developer I know has a contact who got all his funding lined up to build a casino and just found out 3 days ago he lost the city bid to another developer. I don't know what amounts we're talking on their funding end but they had the funding lined up for development. I'm sure this deal's already done but I'll shoot you an e-mail if you get something new. Who knows?


Real Estate Investor · Vancouver, Washington


$1.1B would be a pretty good return on their money in four years.

http://findarticles.com/p/articles/mi_m0EIN/is_2004_June_18/ai_n6084117

$280M plus $67M in renovations and four years later a nice fat profit. It is probably worth every penny though.


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