This Property is no longer advertised on Showcase.com.
Off Market
1/23

1301 W Aultman St
Ely, NV 89301


HIGHLIGHTS

  • Center of the City, managers on site, high net income, restaurants, casinos,copper, gold mines, Hemp farm near it. Tea and coffee, owner financing

OVERVIEW

White Pine Motel is a conveniently located motel in the center of Ely, in its namesake, White Pine County. The Motel is easily viewed by travelers and tourists passing through Ely and invites them in with a spacious and clean parking lot adorned with White Pine Trees. The Motel is all-electric and is within walking distance of nearby restaurants and parks. All rooms have refrigerators, microwaves, heaters, and air-conditioning. Rooms have been upgraded with all-new bedding, new HD flat-screen TV'S, and new carpet. New managers on site. Additional parking spaces are also behind the Motel. The motel has 29 rooms plus a one-bedroom apartment attached to the office. The Motel has recurring customers including companies who regularly send their employees to stay at this Motel every year. There is free INTERNET and complimentary coffee and tea offered in the lobby during checkout hours. The Motel is also featured and regularly booked on websites such as Expedia, Hotels.com, Booking.com, Price Line, and Travelocity. This year, the largest "Hemp Farm" has begun construction near Ely; many workers are coming to this town to work for this farm, therefore increasing business. Ely is also known as a mining town with a major, active copper mine nearby and several gold mines near Ely. There is also news that gold mines are starting to make a huge comeback in Northern Nevada, making the location of this Motel very appealing to prospective booming businesses. This motel has 29 rooms plus a one-bedroom apartment attached to the office for the motel managers. The motel managers, a husband, and a wife take care of the motel and repairs when needed. All rooms have a refrigerator, a microwave, air conditioning, heaters, and an HD flat TV. The motel is close to the museum, park, and casinos. There is a shortage of rentals in Ely and the workers stay in the motels long time. We also own and operate White Pine Mobile Home Park with 30 spaces and own 16 mobile homes, if you want to buy both properties you can call the owner for information. Owner financing is available. ELY is 3.5hours from Las Vegas and 3.5 hours from Salt Lake City. A room with one bed is $55 plus tax and a room with two beds is $69 plus tax.

FOR SALE DETAILS

PRICE

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# OF ROOMS

-

CAP RATE

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BUILDING DETAILS

PROPERTY NAME

White Pines Hotel (29 ROOMS PLUS ONE BEDROOM)

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

8316

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1974

PARKING SPACES

23

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Hospitality

APN/PARCEL ID

001-218-03