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!
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
| Parcel Number | 162-09-102-005 | Improvements Assessment | $639,792 |
| Land Assessment | $312,480 | Total Assessment | $952,272 |
ZONING
| Zoning Code | Industrial |
