Las Vegas Resort | Value-Add Opportunity Near Strip
Dean Martin Resort and SPA Las Vegas Hospitality
Marketing description
Property Overview
1401 S. 6th Street
Approx. 5,300 sq ft · 6 bed / 4 bath · Originally built 1972 (Jimmy “The Greek” estate)
1403 S. 6th Street
Approx. 2,950 sq ft · 7 bed / 4 bath · Fully rebuilt and expanded in 2020
Combined:
~8,000+ sq ft living area · Two parcels (in process of consolidation) · Sleeps 40–45 guests
Revenue & Operating Performance
- $810,513 verified 2025 revenue (bank deposits)
- $306,352 revenue Jan–Mar 11, 2026 (ahead of prior run rate)
- Projected $825K–$900K annual revenue
- Peak month: $162,270
- Average monthly revenue: ~$69,000 (Jun–Dec 2025)
The business operates through VRBO and direct bookings, with a strong base of repeat corporate, entertainment, and group clientele. All booking channels, guest database, website (CelebrityMansions.net), and operational systems transfer with the sale.
Resort Amenities — Fully Equipped Luxury Experience
- Heated indoor pool (10-ft depth, ozone system)
- Large outdoor pool with cabana seating
- Two steam rooms, sauna, and spa
- Fully equipped arcade (3,000+ games)
- Billiards, ping pong, foosball, poker/blackjack tables
- Outdoor putting green and event areas
- Tropical botanical garden with mature palms (original ~$600K investment; ~ $1M estimated current value)
- Two full kitchens + outdoor BBQ and bar areas
- Gigabit fiber internet, full security system, satellite TV
- Fully stocked hospitality setup (linens, towels, guest amenities)
Designed specifically for large-group experiences, events, and extended stays.
Asset Value & Downside Protection
- Real estate (2 parcels, appraised): ~$2.1M+
- Landscaping: ~$1M estimated current value
- Furniture, fixtures & equipment: $300K+
- Dean Martin brand, memorabilia, and goodwill included
Total asset base provides strong intrinsic value relative to purchase price.
Brand & Cultural Significance
Originally built by Jimmy “The Greek” Snyder, the estate is directly tied to the Rat Pack era of Las Vegas.
Historic guests include:
Dean Martin, Frank Sinatra, Sammy Davis Jr., Jerry Lewis, Wayne Newton, and Howard Hughes.
The property includes the Dean Martin brand identity and a curated memorabilia collection displayed throughout the estate. This legacy positioning supports premium pricing, repeat bookings, and a differentiated market identity that cannot be replicated.
Investment Highlights
- $800K+ verified annual revenue with growth trajectory
- Turnkey hospitality operation — immediate cash flow
- Accommodates 40–45 guests — rare large-group positioning
- Two parcels — flexible operation, redevelopment, or resale
- Parcel consolidation in progress with future expansion potential
- Strong event-driven revenue upside (peak months $100K+)
- Prime location minutes from the Las Vegas Strip
- Branded, experience-driven asset with 50+ years of cultural history
Offering
Dean Martin Resort & Spa
1401 & 1403 S. 6th Street
Las Vegas, Nevada
Offered exclusively by Green Global Capital LLC
Private sale — all inquiries subject to Non-Disclosure Agreement
Investment highlights
$800K+ Verified Revenue | 13BR Luxury Retreat Compound | Las Vegas Hospitality Asset
INVESTMENT HIGHLIGHTS
Proven, Bank-Verified Revenue Platform
The Dean Martin Resort & Spa is a fully operational luxury group retreat with $810,513 in verified 2025 revenue, supported directly by bank deposits across operating accounts.
The property is already generating strong forward momentum, with $306,352 in revenue from January–March 11, 2026, putting the asset on pace for ~$825K–$900K annual revenue.
Peak monthly performance reached $162,270, demonstrating the property’s ability to capture high-value group bookings and event-driven demand.
Historic Rat Pack Legacy — Irreplaceable Asset
Originally built in 1972 by Jimmy “The Greek” Snyder, this estate is a true Las Vegas legacy property with direct ties to the Rat Pack era.
Past guests include:
Dean Martin, Frank Sinatra, Sammy Davis Jr., Jerry Lewis, Wayne Newton, and Howard Hughes.
The offering includes:
- Dean Martin brand identity
- Memorabilia collection
- Preserved historic architecture
This is not just real estate — it’s a branded hospitality experience that cannot be replicated.
Large-Group Hospitality — High Barrier, High Demand
With 13 bedrooms across two properties and capacity for 40–45 guests, the asset fills a gap in the Las Vegas market that traditional hotels and short-term rentals cannot serve.
The property consistently attracts:
- Corporate retreats
- Entertainment industry clients
- Professional athletes
- Weddings and private events
This segment supports premium pricing and repeat clientele.
Turnkey Operation — Immediate Cash Flow
Offered fully furnished and operational, allowing a buyer to step in and generate revenue immediately.
Included in the sale:
- Both parcels (currently in process of consolidation)
- All furnishings, fixtures, and equipment ($300K–$500K+ value)
- Mature tropical landscaping (original $600K; ~ $1M current estimated value)
- Resort amenities including pools, spa, two steam rooms and one spa, arcade rooms, and event spaces
- Dean Martin memorabilia and brand assets
- All booking platforms, guest database, and website
Property Details & Improvements
1401 S. 6th Street
- Built in 1972
- Approx. 5,300 sq ft
- 6 bed / 4 bath
- Original Jimmy the Greek estate
1403 S. 6th Street
- Fully rebuilt in 2020
- Approx. 2,950 sq ft
- 7 bed / 4 bath (+3 bedrooms added)
Strong Income Profile with Upside
- Average monthly revenue (Jun–Dec 2025): ~$69,000
- Peak month: $162K
- Stabilized NOI: $275K – $325K+
Operational data shows consistent baseline revenue with significant upside during peak event periods.
Hard Asset Value + Downside Protection
- Real estate appraised: ~$2.1M+
- Landscaping: ~$1M estimated current value
- FF&E: $300K+
- Brand, goodwill, and operating platform included
Total asset base supports valuation independent of income upside.
Flexible Ownership & Exit Strategy
- Two independently deeded parcels
- Option to operate as one compound or split assets
- Ability to redevelop or sell individually
Parcel consolidation currently in progress, with architectural plans prepared for future enhancements.
Prime Las Vegas Location
Located minutes from the Strip and within walking distance of the Stratosphere/Sahara corridor, offering both accessibility and privacy for high-end group clientele.
Offering
Dean Martin Resort & Spa
1401 & 1403 S. 6th Street
Las Vegas, Nevada
Offered exclusively by Green Global Capital LLC
Private Sale — NDA required
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