Into the Night
Verified User
And since you can NEVER develop it or change it use from a "Resort", which Trump purposely got it classified as to save on tax money, you have ZERO speculative value based on redevelopment into high end homes and condos, etc, which is where all the top value lies.
Instead, it would be valued as any company would be where the only thing the buyer can EVER get from it is Revenue and Profit. So you value it in the same way you would buying a McDonalds franchise. How much Revenue does it generate and how much profit hits the bottom line and what multiple do i want to pay for that Revenue stream as that is how i will get paid back.
Irrelevant.