Las Vegas developer seeks JV partner with $12 MIL for land acquisition to build high-rise 300 unit CondoHotel and Entertainment Complex with small casino. Located on 5.44 acres in master plan development on Tropicana Ave (within walking distance to The Strip). Property under contract. Live, class-act entertainment show wants venue for permanent home. Prefer ability to secure construction loan: $142 MIL.
$25 MIL estimated profit on sale of CondoHotel, $30 MIL per year estimated net operating income from entertainment complex.
Available: Executive Summary, Proforma, supporting docs. Send your name and contact information to obtain docs. Principals Only. No intermediaries, please.
Thank you,
Dennis Shipman
Real Estate Investor Services
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