390 W Williams Ave - Hospitality FOR SALE


Fallon, NV 89406
$2,000,000 USD
775-426-8023
390 W Williams Ave, Fallon, NV for Sale
$2,000,000 USD
Hospitality - FOR SALE
1/10
null | Request Cap Rate

390 W Williams Ave
Fallon, NV 89406


HIGHLIGHTS

  • 27 Unit Motel located in Fallon, Nevada in a prime location on 2 corner lots at a busy intersection.

OVERVIEW

Investment opportunity just 60 miles east of Reno Nevada and 30 miles east of Fernley Nevada. 27 unit motel that is located in the fast growing town of Fallon, NV. This motel offers two buildings, 27 units and a managers unit. One motel is located at 390 W Williams Ave (APN 001-121-03) on the east corner of Williams Ave and Taylor Street and the 2nd motel is located at 25 N Taylor St (APN 001-174-01) on the west corner of Williams Ave and Taylor Street. This motel is located at a busy 4 way intersection at a stop light. Serviced by city water and sewer and power. Listing includes two parcels of .36 acres and .22 acres. This location would also service a fast food restaurant or gas station. Income for 2025 will be provided to a qualified buyer that has signed a non disclosure statement. Please drive by before making an appointment to disturb occupants.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$358 USD /SF

# OF ROOMS

27

PRICE/ROOM

$74,074 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fallon Lodge

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1961

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.58 AC

LAND SF

25,265 SF

ZONING

C2

APN/PARCEL ID

001-121-03,001-174-01

ASK ABOUT THIS PROPERTY

Cari NorcuttBerney Realty, Ltd.More Info
775-426-8023

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Cari NorcuttBerney Realty, Ltd.More Info
775-426-8023

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