The Low Ball Express of Downtown Las Vegas Motels!

For more than a year, I have had four Downtown Las Vegas properties listed for sale.
They are three motels; and, one is a studio apartment building.

They range in price from $1.5 Million to $3.2 Million.  And all are priced to sell.

The problem is one property has garnered most of the inquiries.  (More than 7,000 inquiries!)
Yet, every investor I've spoken to has claimed they are cash buyers, can close quickly, and they are looking for a deal.

Then, when I offer them a deal, they immediately start demanding a steal.

One investor from Northern California said she'd wouldn't pay $1 Million for the most sought after property.

My reaction?  Okay.  Thank you for wasting my time!

Here are the properties that can be acquired individually or altogether.

Alpine Motel Apartments
213 N 9th Street
Comparable Sales indicate an "As Is" Market Value of $2.9 Million

Casa Blanca Motel
2401 N Las Vegas Blvd
Selling Price: $3.2 Million!

The Economy Motel
1605 Fremont Street
Selling Price: $1.5 Million!

Starlite Motel
1873 N Las Vegas Blvd
Selling Price: $2.5 Million!

AND, all four can be acquired together as a portfolio for $10 Million or at a 10.969% Cap Rate.

For property details, email me!

To Contact David Howes try: davidATdavidhowesDOTnet OR; 7 0 2 5 01 9 3 8 8 AND Please #Follow David on Twitter: @DavidAHowes Have a nice day!