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

Features & Tags

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