500 W Oak St - Hospitality FOR SALE


Elko, NV 89801
$990,000 USD
951-314-3404
500 W Oak St, Elko, NV for Sale
$990,000 USD
Hospitality - FOR SALE
1/13
null | 12.54% Cap Rate

500 W Oak St
Elko, NV 89801


HIGHLIGHTS

  • Attractive, 12.54% CAP Rate
  • 19 Keys/Rooms
  • Independent Hospitality Property

OVERVIEW

The American Inn in Elko, Nevada presents a strong investment opportunity with recent renovations and consistent performance. This independent hotel features 19 updated rooms—11 King Suites and 8 Double Queens—across a two-story wood-frame building on a commercially zoned quarter-acre lot. With a 62% occupancy rate and a 12.54% cap rate, the property delivers attractive returns for an owner/operator or investor seeking a well-maintained, income-producing asset.

FOR SALE DETAILS

PRICE

$990,000 USD

PRICE/SF

$148 USD /SF

# OF ROOMS

19

PRICE/ROOM

$52,105 {currency}

CAP RATE

12.54%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

American Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1976

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

ZC

APN/PARCEL ID

001-144-004

ASK ABOUT THIS PROPERTY

Justin ScottKW VIP / Keller Williams RealtyMore Info
951-314-3404

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Justin ScottKW VIP / Keller Williams RealtyMore Info
951-314-3404

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