Vdara Hotel & Spa – Las Vegas, Nevada

Lite Membership

from $49,500

Elite Membership

from $99,000

Prestige Membership

from $198,000

Target Hold

from 5 - 30 years

Annualized Returns

5-8% depending on vacation usage

Total Raise

$1,849,788

Target Hold

from 5 - 30 years

Annualized Returns

5-8% depending on vacation usage

About this project

This fund is to purchase two (2) condo units located in the Vdara Hotel & Spa in Las Vegas, Nevada for the expansion of the ResClubs Membership Program. Revenue will be generated through short term rentals via a large international property management company as well as various revenue streams tangential to the Membership Program. Investors who hit certain thresholds of contribution will also benefit from a usage component which will allow them to stay in one of the units at no cost of lodging. 

REGISTER & INVEST

Per statista.com “Las Vegas is located in the state of Nevada in the west of the United States. In January 2019, a survey found that Las Vegas was the second most popular destination U.S. travelers would like to visit in the next year, after New York. It is most commonly known for its gambling resorts and nightlife, but the city is also a hub for business, conventions, and meetings. Vegas is also popular with leisure travelers with many tourists visiting the city for its famous casinos. In 2018, 74 percent of visitors to Las Vegas stated that they gambled while visiting. Las Vegas is by far the largest casino market in the U.S. and is home to the largest casino company in the world in terms of revenue, Las Vegas Sands.

Due to the impact of the coronavirus (COVID-19) pandemic, the number of visitors to Las Vegas in the United States dropped sharply in 2020 over the previous year. In 2020, Las Vegas recorded roughly 19 million visitors, whereas it attracted over 42 million people in 2019.”

According to the Las Vegas Convention and Visitors Authority the national average for hotel occupancy is 66.2% where as the Las Vegas Strip has an occupancy of 89.5%. Las Vegas has seen more than 35 million visitors a year from 2000 – 2019 with 5 of those years 2014 – 2019 seeing more than 41 million visitors.

Vdara is located within the MGM Resorts CityCenter Campus. CityCenter is truly the Mecca of Las Vegas located between Bellagio and Park MGM. Vdara has a direct access bridge into Bellagio to the north and Aria Resort and Casino to the south, both less than a one-minute walk away. Additionally, Vdara is less than a three-minute walk to The Cosmopolitan of Las Vegas (resort and casino), The Shops at Crystals CityCenter, and less than a 10 minute walk to Park MGM and T-Mobile Arena.

The 4 properties, rent and member ready will cost $1,449,000. The marketing launch costs and administration, are expected to be $200,000. Reserve for contingency is $200,000

Residence Club Membership Programs

Your fixed annual returns are based on how often you choose to vacation and the three levels of membership prices outlined below.

Resclub®LiteMembership

At any time after the initial 5 Year Anniversary date has been reached, under this exclusive program you have the option of exercising the Buy-Back at 100% of the initial purchase price.
Membership Price $49,500
Membership Usage 0, 1 or 2 Weeks Personal Usage Per Annum (30 Year Term) across thousands of affinity resorts around the world..
Fixed Return Annual Usage Per Annum 5 Year Term 30 Year Term
8.0% Annually 0 Weeks $3,960 $19,800 $118,800
6.5% Annually 1 Week $3,217.50 $16,087.50 $96,087.50
5.0% Annually 2 Weeks $2,475 $12,375 $74,375

These amounts are paid in advance on the last day of the preceding quarter (March 31st, June 30th, September 30th and December 31st). These amounts are net of your personal use weeks. Said another way, these are net returns after you enjoy your vacation time in residence.  

Invest with Coinbase
View All Membership levels
Resclub®EliteMembership

At any time after the initial 5 Year Anniversary date has been reached, under this exclusive program you have the option of exercising the Buy-Back at 100% of the initial purchase price.
Membership Price $99,000
Membership Usage 0, 2 or 4 Weeks Personal Usage Per Annum (30 Year Term) across thousands of affinity resorts around the world..
Fixed Return Annual Usage Per Annum 5 Year Term 30 Year Term
8.0% Annually 0 Weeks $7,920 $39,600 $237,600
6.5% Annually 2 Weeks $6,435 $32,175 $193,050
5.0% Annually 4 Weeks $4,950 $24,750 $148,500

These amounts are paid in advance on the last day of the preceding quarter (March 31st, June 30th, September 30th and December 31st). These amounts are net of your personal use weeks. Said another way, these are net returns after you enjoy your vacation time in residence.  

Invest with Coinbase
View All Membership levels
Resclub®PrestigeMembership

At any time after the initial 5 Year Anniversary date has been reached, under this exclusive program you have the option of exercising the Buy-Back at 100% of the initial purchase price.
Membership Price $198,000
Membership Usage 0, 2 or 4 Weeks Personal Usage Per Annum (30 Year Term) across thousands of affinity resorts around the world..
Fixed Return Annual Usage Per Annum 5 Year Term 30 Year Term
8.0% Annually 0 Weeks $15,840 $79,200 $475,600
6.5% Annually 2 Weeks $12,870 $64,350 $386,100
5.0% Annually 4 Weeks $9,900 $49,500 $297,000

These amounts are paid in advance on the last day of the preceding quarter (March 31st, June 30th, September 30th and December 31st). These amounts are net of your personal use weeks. Said another way, these are net returns after you enjoy your vacation time in residence.  

Invest with Coinbase
View All Membership levels

These amounts are paid in advance on the last day of the preceding quarter (March 31st, June 30th, September 30th and December 31st). These amounts are net of your personal use weeks. Said another way, these are net returns after you enjoy your vacation time in residence.  

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