Thanks guys! I knew someone would crunch the numbers! LOL I'm waitin' for Jon
W. to chime in. Like Chris' idea. Salt Talks by the pool!
Ed I'm sure you still got your canoe!! You know your signature roof top item.
Tom Shannon
Magna, Utah
> From: 23.weldon@comcast.net
> To: yesford@clear.net.nz; saltfevr@q.com; land-speed@autox.team.net
> Subject: Re: [Land-speed] Bonneville Inn For Sale in Wendover
> Date: Mon, 8 Feb 2010 17:03:09 -0800
>
> # Price:$1,275,000 # No. Rooms: 78. # Average Daily Rate: $49
> # Average Occupancy: 50% .......wwwrrrr .......calculate........
> $16,346 per room. That's a lot cheaper than a motorhome. If you attend 3
> Bonneville events per year figure 20 nights @ avg $100/night = $2000. In
> about 10 years you'd get your money back and maybe some profit from income
> that comes the rest of the year from regular room rentals.
> If you want to believe the occupancy and rate stats that's $697,500 -
> $76,500 = $621,000 gross sales/year after deducting shareholder occupancy.
> Ed Weldon
>
> ----- Original Message -----
> From: "Chris Harris" <yesford@clear.net.nz>
> To: "Tom Shannon" <saltfevr@q.com>; <land-speed@autox.team.net>
> Sent: Monday, February 08, 2010 2:18 PM
> Subject: Re: [Land-speed] Bonneville Inn For Sale in Wendover
>
>
> > Very interesting Tom...........now how many keen investors on our list ?
> > Salt Talks by the pool. Chris Harris..............NZed.
> >
> >> Frustrated with the annual SW Room debacle? Well here's your chance to >>
> >> buy a Wendover Motel.
> >> Oh yeah, it's the one that mysteriously caught fire a few yrs. back.
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