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Warmbrodt Hotel Investments Offering the Value Place Nellis Air Force Base,
Las Vegas, Nevada at a Reduced Price

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January 12, 2011 - Warmbrodt Hotel Investments, Inc. has been retained by a regional financial institution, to offer to qualified investors, the opportunity to acquire the Value Place Nellis Air Force Base, Las Vegas, Nevada, at a reduced price.



Reduced Asking Price
:   
$13,000,000 ($53,719 per key)

 
Previous Asking Price:   
$16,500,000 ($68,182 per key)





INVESTMENT HIGHLIGHTS

  • Located within one block of the main entrance to Nellis Air Force Base which employs over 13,000 military and civilian personnel, in addition to over 1,300 temporary duty personnel.
  • Offered unencumbered of management.
  • Property opened January 7, 2011. New construction and design allows for efficient  operation and no immediate capital upgrades.
  • Financing may be available to qualified buyer.
Opportunity to purchase new asset below replacement costs.  

PROPERTY HIGHLIGHTS:
  • 242 Suites, containing flat screen cable televisions, full kitchens with refrigerator, microwave, cook top, and internet. 
  • Fire safety equipment including sprinklers, smoke detectors, emergency lighting and zoned fire panel.
  • Two, Four story, interior corridor buildings constructed of wood, steel and aluminum framing.
  • Large 7.73 acre site with additional ground for further expansion or alternative use. 

WHI is a Kansas City based hotel real estate firm specializing in the disposition, acquisition, financing, and debt restructuring of hospitality related assets throughout the United States.

Contact us directly at 913-381-3737 or visit our website www.whikc.com to learn how our years of experience and specialized services can help meet the needs of your business goals.

For more information regarding the Value Place Nellis Air Force Base, please contact
Herb Warmbrodt, herb@whikc.com  or Zane Varvel,  zane@whikc.com  at 913-381-3737.
 
Contact:

Warmbrodt Hotel Investments
2020 West 89th Street, Suite 320
Leawood, KS 66206  T: 913-381-3737
F: 913-381-6767
E: info@whikc.com
www.warmbrodthotels.com


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CALL FOR OFFERS - Ramada Stevens Point, Stevens Point, Wisconsin / July 2010

Warmbrodt Hotel Investments Selected to Advise in the Sale of the Ramada Omaha / May 2010

CALL FOR OFFERS - Value Place Nellis Air Force Base - Las Vegas, Nevada / April 2010

Warmbrodt Hotel Investments Selected to Advise in the Sale of the Red Roof Inn Chicago-Lansing, Illinois / April 2010

Warmbrodt Hotel Investments Selected to Advise in the Sale of the Value Place - Nellis Air Force Base Located in Las Vegas, Nevada / April 2010

Warmbrodt Hotel Investments Advises in the Sale and Debt Placement of the Holiday Inn Express - Salina, Kansas/ March 2010

Warmbrodt Hotel Investments - WHI Selected to Advise in the Sale of the Ramada Stevens Point Located in Stevens Point, Wisconsin / October 2009

Warmbrodt Hotel Investments - WHI Selected to Advise in the Sale of the American Inn located in Greater Kansas City / October 2009

Warmbrodt Hotel Investments - WHI Selected to Advise in the Sale of the Cambridge Suites located in Wichita, Kansas / September 2009
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