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Rain Man Motel 4021 N Nevada Highway 160 10 Room Hotel Pahrump, NV 89060 $699,000 ($69,900/Room) 8.15% Cap Rate
Investment Highlights
- Seller Financing Available
- Large ±1.03-Acre Parcel
- Approved Conditional Use Permit (CUP) in Place
- Value-Add Opportunity
- 9 Motel Rooms + Restaurant Space
- Prime Frontage Along Nevada Highway 160
Executive Summary
4021 North Nevada Highway 160 presents a unique mixed-use hospitality opportunity in the growing Pahrump market. The property consists of nine motel rooms along with an on-site restaurant space, offering multiple income streams and operational flexibility for investors or owner-users. Positioned directly on Nevada Highway 160, the asset benefits from strong visibility, consistent traffic exposure, and convenient access to Las Vegas and surrounding Southern Nevada destinations.
The property is strategically located along Pahrump’s primary commercial corridor, surrounded by residential growth, local businesses, and tourism-driven traffic traveling between Las Vegas and Death Valley. With existing hospitality infrastructure in place, a special use permit already secured, and significant value-add potential through operational improvements, renovations, or repositioning, 4021 North Nevada Highway 160 offers a rare opportunity to acquire a hospitality asset in an expanding tertiary market. Seller financing is available, creating an attractive acquisition opportunity with flexible terms for qualified buyers.
The property is strategically located along Pahrump’s primary commercial corridor, surrounded by residential growth, local businesses, and tourism-driven traffic traveling between Las Vegas and Death Valley. With existing hospitality infrastructure in place, a special use permit already secured, and significant value-add potential through operational improvements, renovations, or repositioning, 4021 North Nevada Highway 160 offers a rare opportunity to acquire a hospitality asset in an expanding tertiary market. Seller financing is available, creating an attractive acquisition opportunity with flexible terms for qualified buyers.
Property Facts
| Price | $699,000 | Building Size | 3,008 SF |
| Price Per Room | $69,900 | No. Rooms | 10 |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 8.15% | Year Built/Renovated | 1980/2022 |
| Property Type | Hospitality | Parking Ratio | 3.6/1,000 SF |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 1.03 AC | ||
| Zoning | GC | ||
| Price | $699,000 |
| Price Per Room | $69,900 |
| Sale Type | Investment |
| Cap Rate | 8.15% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.03 AC |
| Building Size | 3,008 SF |
| No. Rooms | 10 |
| No. Stories | 1 |
| Year Built/Renovated | 1980/2022 |
| Parking Ratio | 3.6/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | GC |
Amenities
- Restaurant
- On-Site Bar
- On-Site Casino
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 10 | $69.00 | - |
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 29-731-09 | Improvements Assessment | $110,392 |
| Land Assessment | $11,150 | Total Assessment | $121,542 |
Property Taxes
Parcel Number
29-731-09
Land Assessment
$11,150
Improvements Assessment
$110,392
Total Assessment
$121,542
Contacts
-
Jason Dittenber -
Montana Giesbrecht -
Anthony Marinello -
Josh McDougall -
ABI Multifamily
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Rain Man Motel | 4021 N Nevada Highway 160
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