Ed, your too generous, vendor say's they'll discount for cash, my first
offer would be $800,000. it's plainly obvious they want out.
Chris H.
Subject: Re: [Land-speed] Bonneville Inn For Sale in Wendover
> # 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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