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Executive Summary Executive Summary Laughlin Bay Marina Premier Las Vegas Marina & RV Resort Development $6,900,000 Laughlin, Nevada Incredible Opportunity to Own the Next Top Destination Resort in the Las Vegas MSA Laughlin Bay Marina Laughlin, Nevada Property Highlights Investment Highlights ▪ 110 Floating Wet Slips with Dock Boxes at Each Slip ▪ For Sale “As Is” | Price: $6,900,000 ▪ 5-Level State-of-the-Art Dry Stack Facility (20,133 SF) ▪ Value-Add Opportunity Significantly Less Than for 130 Boats and Approximately 28 Jet Skis Replacement Cost ▪ Clubhouse with Banquet Room, Pool, Gym, Sauna, ▪ Dredging Completed Early 2019 – Routine Annual Showers, Bathrooms and Offices Maintenance ▪ Fueling Station with 3 Tanks (15k Gallons Total) ▪ Property is Poised to Be the Next Major Attraction for Waterfront Relaxation and Tourism in the Area (i.e. ▪ Approximately 30 Fee-Simple Acres in Beautiful Las Vegas, Grand Canyon, Joshua Tree, etc.) Laughlin, Nevada ▪ Laughlin Is Attracting Investment into the Hospitality ▪ Traffic heading to Las Vegas from California and and Casino Market –Only Property in the Immediate Arizona passes directly in front of the marina’s main Area with a Marina, Restaurant & Bar, Clubhouse, entrance along Needles Highway - 90 Miles South of and Potential for RV Sites Las Vegas Market Overview Laughlin Overview Laughlin Bay Marina is centrally located in the Southern tip of Nevada between Las Vegas (90 miles North), the Los Angeles Basin, and Phoenix, Arizona. This beautiful alternative to Las Vegas attracts nearly 2 million tourists each year for gambling and nightlife, boating/water sports, UTV off-roading, Colorado River cruises, camping and national parks, as well as for the big-name entertainment. Found along the Colorado River and connected by the Riverwalk are 9 large casino resorts that collectively offer over 10,000 rooms, including: Golden Nugget, Harrah’s, Tropicana, Aquarius and Don Laughlin’s Riverside Resort. While the casino resorts are a primary draw to the city, Laughlin’s convenience and direct access to the Colorado River, Lake Mohave, and Lake Mead is ideal for boating, jet skiing, and fishing. A new owner will see that Laughlin Bay Marina is the only marina in the area, poised to become the next top destination with a high-end 250-site waterfront RV resort (large draw to the area). Also found in the city are 60 restaurants, 175k SF of meeting space, two museums and the outlet shopping center. Just outside the city are major tourist attractions such as Grand Canyon National Park, Death Valley National Park, Sequoia National Forest, Joshua Tree National Park, and Mojave National Preserve. Laughlin is accessible via many different airports, such as Laughlin/Bullhead City International (less than 10 minutes from the marina), McCarran International (Las Vegas) and Phoenix Sky Harbor (Phoenix, AZ). Golfing is abundant in the region as well, with the Mojave Resort Golf Club (9.5 miles from the marina), Laughlin Ranch Golf Club (11 miles from the marina), and over 20 golf courses surrounding Las Vegas (i.e. Aliante Golf Club, Arroyo Golf Club, The Wolf Course at Paiute Golf Resort, Cascata Golf Club, Las Vegas National Golf Club, and the Wynn Golf Course). Broker of Record Todd Manning 3800 Howard Hughes Parkway Suite 1500 Las Vegas, NV 89169 Tel: 702.215.7100 Lic: B.1001879.CORP.
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