NAI Vegas Sells North Shore Inn at Lake Mead
Overton, NV (February 2, 2022) – NAI Vegas is pleased to announce the sale of the North Shore Inn at Lake Mead, an independently operated hotel located in Overton, Nevada. The property and business sold for $2,750,000.
The North Shore Inn at Lake Mead, located at 520 N Moapa Valley Blvd, was built in 1998. The hotel sits on a 3.07-acre lot and features 43 Rooms, an outdoor pool with Jacuzzi, meeting rooms, and a business center.
Gregg McArthur, Director of Hospitality of NAI Vegas, was exclusively retained to represent the owner in this transaction.
“This is truly a unique property in the heart of Moapa Valley.” stated McArthur, “The hotel has been lovingly cared for by its previous owner and will continue to be an excellent place to stay for guests who are visiting the Lake Mead Recreational Area and The Valley of Fire State Park.”
The North Shore Inn at Lake Mead is strategically located in the heart of Moapa Valley, a quaint desert community located 45 minutes north of Las Vegas
Gregg McArthur, Director of Hospitality
Gregg brings a vast array of experience to the hospitality team including hospitality management, property marketing, public relations, and finance. He began his career at Merrill Lynch where he managed over $2 billion in real estate assets. He then moved to Las Vegas where he opened the Mandalay Bay Resort Hotel as their manager of VIP customer relations. Gregg was then hired by the Las Vegas Sand Corporation where he served as their strategic marketing director for The Venetian and The Palazzo Hotel which at the time was the largest hotel in the world. In 2010 Gregg moved back to his hometown of St George where he served as the CEO for the St George Area Chamber of Commerce. Gregg joined the NAI Excel Hospitality team in 2016.
About NAI Vegas and NAI Excel
NAI Excel and NAI Vegas are leading providers of Commercial Real Estate Services in the West. Operating as NAI Vegas in Nevada, and NAI Excel in Utah and Idaho, we are part of the NAI Global network covering nearly every major market nationally and across the globe. Serving both urban and rural markets, we leverage our resources to help you excel in your real estate goals. When you work with one of our team, you get the benefit of working with all of us.