Lovelock Nugget Motel | 515 Cornell Ave
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Lovelock Nugget Motel 515 Cornell Ave
17 Room Hotel Lovelock, NV 89419 $1,200,000 ($70,588/Room)
Investment Highlights
- Prime Location In Lovelock
- Seller has been cleaning up the properties
- Properties have been recently renovated
- New capital improvements: new roofs, windows, etc...
Executive Summary
RE/MAX Commercial is pleased to present the Brookwood Motel and RV Park that has 41 mobile home spaces and a 9 room motel. The property is almost 4 acres in size. Occupancy is increasing as mining activity picks up. Recent property upgrades including new roof and exterior paint.
The Brookwood Motel and RV Park is also available for sale with the Lovelock Nugget Motel that has 17 rooms and the Lovelock Inn. The Lovelock Inn is a great investment opportunity comprised of a 37 rooms motel called Lovelock Inn. The Lovelock Inn also has a restaurant that could be opened or leased out. RE/MAX Commercial is pleased to present
Portfolio Sale In Lovelock:
- 55 Cornell ave, $2,500,000
- 205 Cornell, $1,800,000
- 515 Cornell , $1,200,000 (vacant and under renovation)
The Brookwood Motel and RV Park is also available for sale with the Lovelock Nugget Motel that has 17 rooms and the Lovelock Inn. The Lovelock Inn is a great investment opportunity comprised of a 37 rooms motel called Lovelock Inn. The Lovelock Inn also has a restaurant that could be opened or leased out. RE/MAX Commercial is pleased to present
Portfolio Sale In Lovelock:
- 55 Cornell ave, $2,500,000
- 205 Cornell, $1,800,000
- 515 Cornell , $1,200,000 (vacant and under renovation)
Data Room Click Here to Access
- Operating and Financials
Property Facts
| Price | $1,200,000 | Building Size | 5,448 SF |
| Price Per Room | $70,588 | No. Rooms | 17 |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Hospitality | Year Built | 1946 |
| Property Subtype | Hotel | Parking Ratio | 3.3/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 0.52 AC |
| Price | $1,200,000 |
| Price Per Room | $70,588 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.52 AC |
| Building Size | 5,448 SF |
| No. Rooms | 17 |
| No. Stories | 1 |
| Year Built | 1946 |
| Parking Ratio | 3.3/1,000 SF |
| Corridor | Exterior |
Amenities
- Convention Hotel
- Smoke Detector
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 17 | $57.00 | - |
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PROPERTY TAXES
| Parcel Number | 001-121-04 | Improvements Assessment | $40,084 |
| Land Assessment | $9,513 | Total Assessment | $49,597 |
PROPERTY TAXES
Parcel Number
001-121-04
Land Assessment
$9,513
Improvements Assessment
$40,084
Total Assessment
$49,597
zoning
| Zoning Code | C (Hotel Use) |
| C (Hotel Use) |
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Lovelock Nugget Motel | 515 Cornell Ave
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