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Sugarloaf Mountain Motel 430 S C St 12 Room Hotel Virginia City, NV 89440 $2,200,000 ($183,333/Room) 10.15% Cap Rate

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Investment Highlights

  • Nationally Ranked Asset: Voted #1 roadside motel in Nevada and #7 in the U.S. by USA TODAY (2025).
  • Operates one of only two convenience stores in Virginia City, driving reliable year-round traffic.
  • Strong Historical Cash Flow: The portfolio generates a consistent two-year average cash flow of $253,127
  • Value-Add Residential Upside: Potential to convert the current owner-occupied duplex into two additional high-yielding rental units.

Executive Summary

To access due diligence visit: https://bracketre.com/listing/cf7bd7da-4c6f-4e21-840f-02f8274305b0
The Sugarloaf Mountain Motel & Market is a unique hospitality and retail portfolio located in the heart of the historic mining town of Virginia City. This unique asset, spread across three contiguous parcels totaling 0.60 acres, offers a powerful combination of steady lodging income, essential retail services, and residential upside. Named the best roadside motel in Nevada and the seventh best in the country by USA TODAY’s 2025 rankings, the property is a landmark destination for travelers seeking "Old West" charm blended with modern comforts.
The asset is anchored by the Sugarloaf Market, one of only two convenience stores in town, providing a year-round revenue stream. Beyond the 12-key motel and high-traffic market, the portfolio includes a 1,853 SF residential duplex currently serving as the owner’s quarters. For an investor, this offers immediate "hidden" Net Operating Income (NOI) through conversion into additional premium short-term rental units. Located in a Federal Opportunity Zone, this portfolio presents a rare opportunity for massive tax-advantaged appreciation in one of Nevada’s primary tourism corridors.

Property Facts

Price $2,200,000
Price Per Room $183,333
Sale Type Investment
Cap Rate 10.15%
Property Type Hospitality
Property Subtype
Hotel
Building Class C
Lot Size 0.60 AC
Building Size 4,607 SF
No. Rooms 12
No. Stories 1
Year Built/Renovated 1964/2025
Parking Ratio 2.17/1,000 SF
Corridor Exterior
Opportunity Zone Yes
Zoning CR

Amenities

  • Patio

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 12 $59.00 -

Property Taxes

Property Taxes

Parcel Number
001-062-23
Land Assessment
$17,443
Improvements Assessment
$39,843
Total Assessment
$57,286
  • Listing ID: 34781252

  • Date on Market: 2/10/2025

  • Last Updated:

  • Address: 430 S C St, Virginia City, NV 89440

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