BV Motel | 115 W Gaviland St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
BV Motel 115 W Gaviland St
15 Room Hotel Searchlight, NV 89046 $625,000 ($41,667/Room) 12.13% Cap Rate
INVESTMENT HIGHLIGHTS
- Originally built as Army Barracks in the 1940s, Buildings 1, 3, and part of Building 2 were relocated to their current site in 1964
- Searchlight is 43 miles from Henderson and 39 miles to Laughlin, making it the halfway point for travellers between the two areas
- The region is known for Off-Road adventures, Desert Bighorn Sheep, mining history, Avi Kwa Ame National Monument and Lake Mohave
- Some rooms have kitchenettes
- Nearby Nipton, CA (21 miles away) is home to Off Road Tours, a Trading Post and nearby historical mining sites
- Parking can accommodate RVs or Trucks
EXECUTIVE SUMMARY
Originally built as Army Barracks in the 1940s, Buildings 1, 3, and part of Building 2 were relocated to their current site in 1964, forming the BV Motel. The motel consists of 15 units ranging from 200 to 300 square feet, along with a two-bedroom, two-bath unit attached to the office for management. Over 20% of the rooms feature kitchenettes, catering to extended-stay guests. Amenities include free WiFi, TV, coffee, tea, and parking. Additional facilities include a separate laundry area and a standalone shed for storage.
Many of the units have been refurbished with new tile flooring and fresh paint, while two of the three buildings have received new roofs. A brand-new Pix water system was installed in Building 3, and the entire motel was repainted in 2022. The property has also undergone landscaping improvements, including the addition of a rose garden. The electrical system remains legally grandfathered in. Over the past five years, the BV Motel has successfully passed all Health and Safety Checks and continues to be an active participant in the City of Searchlight.
Many of the units have been refurbished with new tile flooring and fresh paint, while two of the three buildings have received new roofs. A brand-new Pix water system was installed in Building 3, and the entire motel was repainted in 2022. The property has also undergone landscaping improvements, including the addition of a rose garden. The electrical system remains legally grandfathered in. Over the past five years, the BV Motel has successfully passed all Health and Safety Checks and continues to be an active participant in the City of Searchlight.
PROPERTY FACTS
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 15 | $62.00 | - |
1 of 1
PROPERTY TAXES
| Parcel Number | 243-35-310-097 | Improvements Assessment | $62,950 |
| Land Assessment | $31,102 | Total Assessment | $94,053 |
PROPERTY TAXES
Parcel Number
243-35-310-097
Land Assessment
$31,102
Improvements Assessment
$62,950
Total Assessment
$94,053
ZONING
| Zoning Code | C-2, County |
| C-2, County |
1 of 30
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
BV Motel | 115 W Gaviland St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.