High-Cap Rate Investment Opportunity in Downtown Ely
This well-maintained motel features 29 guest rooms plus a furnished one-bedroom apartment attached to the office for on-site management.
The property is all-electric, with every room equipped with a flat-screen TV, microwave, refrigerator, air conditioning, and heater. Guests enjoy amenities such as free Wi-Fi, HBO, and complimentary parking. Centrally located in downtown Ely, the motel is just steps away from casinos, restaurants, and other local attractions.
Prime Location:
Ely sits between Las Vegas and Salt Lake City and is near major copper and gold mines, creating a strong demand for lodging. Outdoor recreation opportunities abound, with Great Basin National Park, Cave Lake, fishing, and hunting all nearby.
Additional Opportunity:
Also available is the White Pine Mobile Home Park, located near the motel. This property spans 2.4 acres (one city block) and includes 10 fully rented mobile homes with 30 total spaces, offering significant upside potential.
Contact us today for more information!