Historical Hotel & Motel Sale Listing - JB Rentals Motel/Apartments

Hotel & Motel For Sale

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JB Rentals Motel/Apartments

2150 Victorian Ave, Sparks, NV 89431

N/A

19 Rooms | Hotel & Motel

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Front East

Hotel / Motel - Off Market

Price:
N/A
No. Rooms:
19
Building Size:
5,089 SF
Property Type:
Hotel & Motel
Property Sub-type:
Economy/ Limited Service
Property Use Type:
Vacant/Owner-User
Cap Rate:
9.60%
No. Stories:
1
Year Built:
1943
Lot Size:
0.52 AC
Listing ID
13865739
Last Updated
over 1 year ago

Highlights

  • Ideal investment property with 9.6% cap rate
  • Located adjacent to I-80 and close to US 395
  • Low vacancy with weekly and monthly rentals
  • Ample parking
  • Close to casinos and shopping

Description

Picturesque Motel/Apartment with 19 full service units including kitchens and full bathrooms. Income also derived from four trailers. Mostly weekly and monthly rentals. Includes full service laundry with coin operated washers and dryers. Large reception area and office for manager. Ample parking and close to I-80 arterial highway.

Located in Sparks, Nevada; the bedroom community for Reno. Opposite Rail City casino and close to other casinos, shopping and work areas. Sparks is a rapidly growing community and the property serves the many tourist events in the Reno/Sparks area including the Reno Air Races, Hot August Nights, Days of Thunder......

Map of 2150 Victorian Ave, Sparks, NV 89431

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Created 2/25/2004