This property is Off-Market

1000 North Main Street
Las Vegas, NV 89101 ·

90 Rooms · Hotel & Motel For Sale

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Americas Best Value Inn-Downtown

Price N/A Average Daily Rate $4,900
No. Rooms 90 No. Stories 2
Building Size 45,000 SF Year Built 1985
Property Type Hotel & Motel Corridor Exterior
Property Sub-type Full Service Lot Size 2.92 AC
Property Use Type Investment APN / Parcel ID 139-27-603-025, 139-27-603-022, 139-27-603-024
Cap Rate 6%
Listing ID: 17675795 Date Created: 05/23/2012 Last Updated: 06/03/2015

Description

Americas Best Value Inn, Downtown Las Vegas, was built in 1985. Guestrooms at the Property are of top quality and comfort. The Property features a full service Italian/American restaurant with Chicago style pizza. Open daily from 6:00am to 11:00pm with seating for 75 guests. Also, there is a Cocktail Lounge on-site open 24 hrs with 15 slot/video poker machines.

Selling Price equal to 1.8 times Gross Revenue for 2011

The Best Western Main Street Inn is located at the Northeast corner of Main and Washington. Its location offers easy access to the major highways I-15 and 1-93/95 and local area attractions. Best Western Main Street Inn is 1/2 mile from Downtown/Fremont Street, 3 miles from Strip and 1/2 mile from Cashman Center.

Highlights

  • Selling Price equal to 1.8 times Gross Revenue for 2011
  • Restaurant on site: La Piazza open daily 6:00am to 11:00pm
  • Cocktail Lounge, 24 hr. with 15 video/slot poker machines
  • Outdoor Pool, Business & Conference facilities
  • Guest Laundry Room
  • Proximity to highways I-15 & I-93/95 and local area attractions

Research

1000 North Main Street, Las Vegas, NV 89101 (Clark County)

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