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Las Vegas Sahara Hotel - $400M Las Vegas Sahara Hotel - $400M
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  #1 (permalink)  
Old 05-02-2007, 01:26 AM
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Default Las Vegas Sahara Hotel - $400M
Las Vegas Sahara Hotel is to be sold for $400m.
It was acquired for about $200m 12 years ago.
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Old 05-05-2007, 12:43 AM
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200m profit in 12 years
8.333333% appreciation per year

not bad

i have been to that hotel by the way
its great
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Old 05-05-2007, 01:09 AM
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FYI.

If you have not been to the Sahara hotel before, here is a website for it.
Las Vegas Hotel Deals - Sahara Hotel and Casino Las Vegas

Further, do you guys think $400m is a good price for that hotel? I think it's a tad bit expensive. Then again, Vegas hotels rarely have vacancy...
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Old 05-06-2007, 01:14 AM
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Yeah. It's on the STRIP!!!
Hotels on the strip are priceless... That land will stay valuable forever.

Eventually someone like Wynn will want to knock the hotel down and build another highrise...
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Old 08-02-2007, 09:35 PM
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Yeah, anything on the LV strip is priceless. 400M is a decent price for something as nice as the Sahara, even though its not that great of a hotel. It does have its prized name...
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