Lovelock Hospitality & Rv Park FOR SALE


Lovelock, NV
$5,500,000 USD
775-828-3700
, Lovelock, NV for Sale
$5,500,000 USD
FOR SALE
1/18
null | 3.15% Cap Rate

Lovelock Hospitality & Rv Park
Lovelock, NV


HIGHLIGHTS

  • Income producing portfolio featuring an RV Park, Motel and Lovelock Inn
  • Properties have been recently renovated
  • Easily accessible location in Lovelock with visibility from I-80
  • New capital improvements: new roofs, windows, etc...

OVERVIEW

RE/MAX Commercial is pleased to present the Lovelock Hospitality portfolio for sale in Lovelock, NV. A great investment opportunity comprised of a 37 rooms motel called Lovelock Inn. Property also has a restaurant that could be opened or leased out. Occupancy is increasing as mining activity picks up. Recent property upgrades including new roof and exterior paint. The Lovelock Inn is also available for sale with the Lovelock Nugget Motel that has 17 rooms and It also includes the Brookwood Motel and RV Park that has 41 mobile home spaces and a 9 room motel. The portfolio totals 10.06 acres with a proforma 7.77% cap rate. - 55 Cornell ave, $2,500,000 - 205 Cornell, $1,800,000 - 515 Cornell , $1,200,000

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.