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1464 Rand Ave
Carson City, NV 89706
Silver State Motel · Hospitality Property For Sale · 48 Rooms

PROPERTY FACTS

Property Type Hospitality
Property Subtype
Hotel
  • Hospitality Hotel
Building Class C
Lot Size 1.00 AC
Construction Status Converted
Building Size 14,642 SF
No. Rooms 48
No. Stories 2
Year Built/Renovated 1974/2009
Parking Ratio 3.35/1,000 SF
Corridor Exterior
Zoning GC

AMENITIES

  • Balcony

ABOUT 1464 RAND AVE , CARSON CITY, NV 89706

One acre corner parcel on Carson City's East side. One two story building and two single level buildings totaling 14, 642 sq ft. there are a total of 48 rooms with 3 presently used as storage. These are studio units that include a fridge and microwave. The units are furnished per tenants needs. Monthly rent includes all utilities and WIFI. The property is walking distance to shopping and services with the senior center and the downtown corridor blocks away. The lot has the potential to add on an additional building for more rooms or perhaps a laundry mat. Established tenants all pay $650 per month starting November 2018 and new tenants are at $695. Property is in good shape with rooms being updated as they vacate. This investment has strong cash flow and the ability to increase the rents and number of available rooms etc.. at the discretion of the new owner.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
002-244-04
Land Assessment
$171,975
Improvements Assessment
$171,366
Total Assessment
$343,341
  • Listing ID: 14333845

  • Date on Market: 11/8/2018

  • Last Updated:

  • Address: 1464 Rand Ave, Carson City, NV 89706

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