Best Western Elko Inn | 1930 Idaho St
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Best Western Elko Inn 1930 Idaho St
108 Room Hotel Elko, NV 89801 $9,250,000 ($85,648/Room)
Investment Highlights
- Operational Upside, Absentee Owner, Ideal for Owner Operator
- Unencumbered by Management
- Priced Below Replacement Costs
- Interior Corridor Property with Elevator
- Significant Market RevPAR Growth YOY
Executive Summary
Mountain West Commercial Real Estate is pleased to present the BestWestern Elko Inn for sale, located in Elko, Nevada. This midscale property features 108 rooms across two floors, accessible via interior corridors and an elevator. The hotel is situated on a parcel currently undergoing subdivision into two separate parcels. The subdivided parcel, is not included in the hotel’s sales price. For additional details, please refer to the Parcel Subdivision page in the Offering Memorandum.
In recent years, the hotel has undergone several renovations and upgrades, including new interior door locks, washers, dryers, and boilers.
The lobby and hallways have also been repainted. The property is owned by a private investor and is free of management encumbrances, offering significant management potential for an onsite owner-operator, as the current owner is absentee.
Tours are available by appointment only. To schedule a tour, please contact broker. It is understood that staff at the property should not
be contacted directly.
In recent years, the hotel has undergone several renovations and upgrades, including new interior door locks, washers, dryers, and boilers.
The lobby and hallways have also been repainted. The property is owned by a private investor and is free of management encumbrances, offering significant management potential for an onsite owner-operator, as the current owner is absentee.
Tours are available by appointment only. To schedule a tour, please contact broker. It is understood that staff at the property should not
be contacted directly.
Property Facts
| Price | $9,250,000 | Lot Size | 3.21 AC |
| Price Per Room | $85,648 | Building Size | 61,216 SF |
| Sale Type | Investment | No. Rooms | 108 |
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1988/2015 |
| Building Class | B | Corridor | Interior |
| Price | $9,250,000 |
| Price Per Room | $85,648 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 3.21 AC |
| Building Size | 61,216 SF |
| No. Rooms | 108 |
| No. Stories | 2 |
| Year Built/Renovated | 1988/2015 |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
- Fully-Equipped Kitchen
- Multi-Room Suites
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 3 | $232.00 | - |
| Guest Room | 105 | $197.00 | - |
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PROPERTY TAXES
| Parcel Number | 001-590-010 | Improvements Assessment | $1,602,389 |
| Land Assessment | $244,698 | Total Assessment | $1,847,087 |
PROPERTY TAXES
Parcel Number
001-590-010
Land Assessment
$244,698
Improvements Assessment
$1,602,389
Total Assessment
$1,847,087
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Jeff Mitchell -
Mountain West Commercial
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Best Western Elko Inn | 1930 Idaho St
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