705 W Winnemucca Blvd - Hospitality FOR SALE


Winnemucca, NV 89445
$1,875,000 USD
775-750-4353
705 W Winnemucca Blvd, Winnemucca, NV for Sale
$1,875,000 USD
Hospitality - FOR SALE
1/4
null | 16.84% Cap Rate

705 W Winnemucca Blvd
Winnemucca, NV 89445


OVERVIEW

Regency Inn.22 guest rooms with remodeled bathrooms. $ units have an extra bedroom that is currently being used at storage. Owners/managers quarters consist of a spacious 2 bedroom,1.5 bath with large living and dining area and full kitchen. Convenient access to I-80 and Highway 95. The Hotel Consist of 7 rooms with 1 queen bed, 4 rooms with 1 California King, 6 rooms with 2 queens and 3 rooms with 3 queen beds. Roof was replaced in 2020. Newer Hot water Heaters and parking lot recently resurfaced. Coin op washer/Dryer and ice machine for guest. Basement has washers and dryers for hotel along with storage areas. There is a pool on sight, but in need of repair. Seller may be doing a 1031 exchange at no cost to buyer. * To minimize disruption to motel and operations and guest property walk throughs and inspections will be conducted after Acceptance of Offer.

FOR SALE DETAILS

PRICE

$1,875,000 USD

PRICE/SF

$113 USD /SF

# OF ROOMS

22

PRICE/ROOM

$85,227 {currency}

CAP RATE

16.84%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Regency Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1966

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,394 SF

ZONING

G-C

APN/PARCEL ID

15-0421-08

ASK ABOUT THIS PROPERTY

Peter BoscoNew Dimensions, Inc.More Info
775-750-4353

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Peter BoscoNew Dimensions, Inc.More Info
775-750-4353

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