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LasVegas.Net Hotel 2601 Westwood Dr

93 Room Hotel Las Vegas, NV 89109 $7,950,000 ($85,484/Room)

Investment Highlights

  • Incredible Visibility
  • Great Signage on Freeway
  • Tremendous Potential

Executive Summary

Located just moments from the world-famous Las Vegas Strip, 2601 Westwood Dr is a 36,000 sq. ft. hotel with an impressive 100-foot-tall pylon sign that currently functions, adding significant visibility and exposure. Ideally positioned near the Las Vegas Strip, this property benefits from high traffic flow and proximity to some of the most renowned entertainment, dining, and retail destinations in the world. It is within a short drive from McCarran International Airport, making it a prime location for travelers. This large hotel building is primed for renovation. The layout and structure provide the perfect foundation for creating a modern, profitable property. Once permits are issued, it is estimated that a 6-month renovation timeline will revitalize the space, turning it into a highly desirable boutique hotel or multi-use property. This property is a blank canvas, ready for a visionary investor or developer to make their mark on the Las Vegas skyline. For more information or to schedule a viewing, please contact us today!

Attachments

Property Flyers

Property Facts

Price $7,950,000
Price Per Room $85,484
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.27 AC
Building Size 35,374 SF
No. Rooms 93
No. Stories 3
Year Built/Renovated 1979/2021
Parking Ratio 2.83/1,000 SF
Corridor Interior
Opportunity Zone Yes

Amenities

  • Pool
  • Restaurant
  • On-Site Bar
  • Meeting Event Space

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 93 $124.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
162-09-102-005
Land Assessment
$312,480
Improvements Assessment
$639,792
Total Assessment
$952,272

zoning

Zoning Code Industrial
Industrial
  • Listing ID: 33858098

  • Date on Market: 11/13/2024

  • Last Updated:

  • Address: 2601 Westwood Dr, Las Vegas, NV 89109

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