[Land-speed] Bonneville Inn For Sale in Wendover

[Chris Harris]

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 at clear.net.nz>
> To: "Tom Shannon" <saltfevr at q.com>; <land-speed at 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.