1301 Aultman St - Hospitality FOR SALE


Ely, NV 89301
$1,369,000 USD
775-293-0003
1301 Aultman St, Ely, NV for Sale
$1,369,000 USD
Hospitality - FOR SALE
1/29
null | 17.3% Cap Rate

1301 Aultman St
Ely, NV 89301


HIGHLIGHTS

  • This motel is located at the center of the city, restaurants, casinos and park are walking distance from the motel. Manager on site. Low room rates.

OVERVIEW

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!

FOR SALE DETAILS

PRICE

$1,369,000 USD

PRICE/SF

$165 USD /SF

# OF ROOMS

29

PRICE/ROOM

$47,207 {currency}

CAP RATE

17.3%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

White Pines Hotel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1974

PARKING SPACES

23

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,087 SF

ZONING

Hospitality

APN/PARCEL ID

001-218-03

ASK ABOUT THIS PROPERTY

Mark MoattarMark MoattarMore Info
775-293-0003

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Mark MoattarMark MoattarMore Info
775-293-0003

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