3725-3777 E US Hwy 50 - Hospitality FOR SALE


Baker, NV 89311
$4,000,000 USD
435-229-4720
3725-3777 E US Hwy 50, Baker, NV for Sale
$4,000,000 USD
Hospitality - FOR SALE
1/15
null | 15% Cap Rate

3725-3777 E US Hwy 50
Baker, NV 89311


HIGHLIGHTS

  • Only facilities in area open year round and 24/7.
  • Great exposure on Highway 50/6 running from Salt Lake area to San Francisco/Lake Tahoe area
  • Several revenue centers including; motel, RV park, Gas Station, Restaurant, Market, Casino
  • Infra structure in place to accommodate expansion of hotel and RV Park
  • Water rights in both Nevada and Utah - large water processing with private fire suppression system.

OVERVIEW

Great Cashflow Property on border of Utah and Nevada by Baker Nevada (Great Basin National Park - Lehmann Caves). This property has a true NOI of $593,000 in 2023 and projected NOI of $616,000 in 2024. That is an approximate 15% CAP rate! The property has Highway 50/6 frontage West of Delta Utah (about an hour) and East of Ely Nevada (about an hour). It sits close to the entrance to the Great Basin National Park and the Lehmann Caves complex. The area is a designated "Dark Sky" site and the National Park holds star gazing parties on Wednesday nights during the summer months.

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$160 USD /SF

# OF ROOMS

29

PRICE/ROOM

$137,931 {currency}

CAP RATE

15%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Border Inn & Casino

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1970

PARKING SPACES

200

LAND DETAILS

LAND ACRES

56 AC

LAND SF

2,439,360 SF

ZONING

C

APN/PARCEL ID

012-240-03,012-240-04

ASK ABOUT THIS PROPERTY

Jeff ReberReal Estate Asset StrategiesMore Info
435-229-4720

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

Jeff ReberReal Estate Asset StrategiesMore Info
435-229-4720

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