High-Cap Rate Investment Opportunity in Downtown Ely. The motel was remodeled in 2025, and all aspects have been upgraded and inspected by the city. This well-maintained motel features 29 guest rooms, as well as 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 copper and gold mines. Contact us today for more information!