125 E Winnemucca Blvd - Hospitality FOR SALE


Winnemucca, NV 89445
$3,500,000 USD
775-313-1544
125 E Winnemucca Blvd, Winnemucca, NV for Sale
$3,500,000 USD
Hospitality - FOR SALE
1/16
null | 7.6% Cap Rate

125 E Winnemucca Blvd
Winnemucca, NV 89445


HIGHLIGHTS

  • Strategic Location with Growth Potential
  • Significant Renovations Completed
  • In Place Management, Proven Revenue and Layout Flexibility

OVERVIEW

Val-U Inn at 125 E Winnemucca Blvd, Winnemucca, NV This 32,958-square-foot, 78-unit motel is offered at $3,500,000 ($44,872 per unit). With substantial renovations completed and opportunities for further improvement, this property offers both immediate cash flow and future upside. Property Highlights: - Renovations: $500,000 in updates, including 48 renovated units with new furniture, dual-pane windows, mini-split HVAC systems, RFID keyless entry, steel doors, repaved parking lot, and refreshed lobby flooring. - Layout: 34 double queens, 12 single kings, 2 single queens, 30 legacy single kings (demoed with $9,000/unit estimated renovation cost), and a 2-bedroom, 2-bath manager’s unit. - Management: A reliable team of five employees, with two residing on-site and three nearby, ensures smooth operations. Strategic Location: Situated in downtown Winnemucca, the property is near the $2.2 billion Thacker Pass lithium mine, projected to create 1,800 construction jobs and 360 permanent positions. This economic development is expected to drive demand for housing and lodging in the area.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$106 USD /SF

# OF ROOMS

78

PRICE/ROOM

$44,872 {currency}

CAP RATE

7.6%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Val-U Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1976

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

M-1

APN/PARCEL ID

15023107

ASK ABOUT THIS PROPERTY

Batuhan ZadehMarmot PropertiesMore Info
775-313-1544

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Batuhan ZadehMarmot PropertiesMore Info
775-313-1544

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.