Lender Owned: The Lexi Las Vegas

Highlights:

• Fee simple interest in The Lexi Las Vegas, a 64-room upscale independent full-service hotel minutes from the Las Vegas Strip
• Lender-owned sale with foreclosure recently completed in October 2025
• Offered unencumbered by debt, management, and franchise, providing flexibility for new ownership to rebrand, reposition, or maintain as an independent lifestyle concept
• For sale in the December 17 RealInsight Marketplace auction event
• Strong value-add opportunity transitioning the asset out of lender control and repositioning the property within the Las Vegas market
• Recent comprehensive $4M+ renovation including guestrooms, lobby, restaurant, pool area, and building systems

Description:

Ri Marketplace Online Auction December 15th-17th, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2864/lender-owned-the-lexi-las-vegas?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=hospitality_2864

The offering comprises The Lexi Las Vegas, a 64-room upscale independent hotel minutes from the Las Vegas Strip. The property offers investors a compelling value-add opportunity to acquire an extensively renovated, full-service asset unencumbered by debt, management, and brand, allowing immediate operational and strategic flexibility. The Lexi features refreshed guestrooms, a vibrant restaurant and lounge, pool area, and upgraded building systems following a comprehensive $4+ million renovation—positioning it to capitalize on Las Vegas’ record-breaking visitation and expanding entertainment infrastructure. The property will be sold in the December 17 RealInsight Marketplace auction event, presenting an exceptional opportunity to acquire a turnkey hospitality asset with significant upside in one of the nation’s most dynamic lodging markets.


Shane P. Jacob
c/o Fisher Auction Company Inc.
License: NV20141327564
P63-000561; Clark County: 2000817-056-221
The platform fee for this transaction is the greater of 5.00% or a minimum of $25,000.

Documents: