515 Cornell Ave - Hospitality FOR SALE


Lovelock, NV 89419
$1,200,000 USD
775-828-3700
515 Cornell Ave, Lovelock, NV for Sale
$1,200,000 USD
Hospitality - FOR SALE
1/7
null | Request Cap Rate

515 Cornell Ave
Lovelock, NV 89419


HIGHLIGHTS

  • Prime Location In Lovelock
  • Properties have been recently renovated
  • Seller has been cleaning up the properties
  • New capital improvements: new roofs, windows, etc...

OVERVIEW

RE/MAX Commercial is pleased to present the Brookwood Motel and RV Park that has 41 mobile home spaces and a 9 room motel. The property is almost 4 acres in size. Occupancy is increasing as mining activity picks up. Recent property upgrades including new roof and exterior paint. The Brookwood Motel and RV Park is also available for sale with the Lovelock Nugget Motel that has 17 rooms and the Lovelock Inn. The Lovelock Inn is a great investment opportunity comprised of a 37 rooms motel called Lovelock Inn. The Lovelock Inn also has a restaurant that could be opened or leased out. RE/MAX Commercial is pleased to present Portfolio Sale In Lovelock: - 55 Cornell ave, $2,500,000 - 205 Cornell, $1,800,000 - 515 Cornell , $1,200,000 (vacant and under renovation)

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$220 USD /SF

# OF ROOMS

17

PRICE/ROOM

$70,588 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lovelock Nugget Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1946

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,500 SF

ZONING

C

APN/PARCEL ID

001-121-04

ASK ABOUT THIS PROPERTY

Kevin SigstadRE/MAX Premier PropertiesMore Info
775-828-3700

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Kevin SigstadRE/MAX Premier PropertiesMore Info
775-828-3700

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