Hotel & Casino with Land for Sale in Nassau County, NY
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Financial Details
- Asking Price:
- $1,350,000,000
- Cash Flow / SDE:
- $240,000,000
- Valuation Multiple:
- 5.6x
- Location:
- Reno, NV, US
- Source:
- Date:
- May 14, 2025
Key Highlights
- Hotel & Casino on 42 acres in Reno, Nevada, featuring 3400 bedrooms and a 134,000 sq ft casino.
- Significant expansion opportunities available, including building another hotel and casino.
- Asking price of $1.35 billion with a reported net operating income of $240 million per year; buyer qualification required.
Description
This listing is for a Hotel & Casino located on 42 acres in Reno, Nevada. The hotel features 3400 bedrooms and a 134,000 sq ft casino. The property offers expansion opportunities, including building another hotel and casino or expanding the existing facilities. The asking price is $1.35 billion, with a reported net operating income of $240 million per year. Buyers must qualify with BIO, POF, and LOI.
Industry Information
- Industry Description:
- Hotels
- Classification:
- Entertainment & Recreation
Listing Details
- Listing ID:
- 4c71022b-fda9-451b-9d81-223169a77a9b
- Deal Status:
- For Sale
- Date Posted:
- May 13, 2025
- Last Updated:
- May 26, 2025
- Currency:
- USD
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