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Val-U Inn 125 E Winnemucca Blvd

78 Room Hotel Winnemucca, NV 89445 $3,500,000 ($44,872/Room) 7.60% Cap Rate

Investment Highlights

  • Strategic Location with Growth Potential
  • In Place Management, Proven Revenue and Layout Flexibility
  • Significant Renovations Completed

Executive Summary

Val-U Inn at 125 E Winnemucca Blvd, Winnemucca, NV
This 32,958-square-foot, 78-unit motel is offered at $3,500,000 ($44,872 per unit). With substantial renovations completed and opportunities for further improvement, this property offers both immediate cash flow and future upside.
Property Highlights:
- Renovations: $500,000 in updates, including 48 renovated units with new furniture, dual-pane windows, mini-split HVAC systems, RFID keyless entry, steel doors, repaved parking lot, and refreshed lobby flooring.
- Layout: 34 double queens, 12 single kings, 2 single queens, 30 legacy single kings (demoed with $9,000/unit estimated renovation cost), and a 2-bedroom, 2-bath manager’s unit.
- Management: A reliable team of five employees, with two residing on-site and three nearby, ensures smooth operations.
Strategic Location:
Situated in downtown Winnemucca, the property is near the $2.2 billion Thacker Pass lithium mine, projected to create 1,800 construction jobs and 360 permanent positions. This economic development is expected to drive demand for housing and lodging in the area.

Property Facts

Price $3,500,000
Price Per Room $44,872
Sale Type Investment
Cap Rate 7.60%
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.00 AC
Building Size 32,958 SF
No. Rooms 78
No. Stories 3
Year Built/Renovated 1976/2022
Corridor Interior

Amenities

  • Pool

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 78 $87.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-0231-07
Land Assessment
$96,950
Improvements Assessment
$439,651
Total Assessment
$536,601

zoning

Zoning Code M-1
M-1
  • Listing ID: 34096952

  • Date on Market: 12/5/2024

  • Last Updated:

  • Address: 125 E Winnemucca Blvd, Winnemucca, NV 89445

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