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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, [email protected] or Zane
Varvel, [email protected] at 913-381-3737.
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