Sugarloaf Mountain Motel 430 S C St 12 Room Hotel Virginia City, NV 89440 $2,400,000 ($200,000/Room) 9.31% Cap Rate

For Sale: Historic 12-Room Motel in Virginia City, NV
Award-Winning Property in a Premier Historic Destination
Step into a once-in-a-lifetime opportunity to own the Sugarloaf Mountain Motel, a charming and profitable 12-room motel located in the heart of Virginia City, Nevada. Situated on bustling C Street, the town’s main corridor, this well-known property offers a unique blend of historic appeal, modern comfort, and strong business potential.
Incredible Opportunity – Be Part of TV History!
Our historic motel has just been filmed for an upcoming episode of the hit paranormal TV series Ghost Adventures! Once the episode airs, World Wide exposure is expected to send bookings through the roof.
This is your chance to own a one-of-a-kind property in Virginia City — a destination already famous for its history, tourism, and ghostly charm. With the upcoming TV feature, visibility and demand are about to skyrocket.
Buy it now before the episode airs — and capitalize on the wave of attention, bookings, and media buzz that’s coming next!
Optional Residential Additions: Live-In, Airbnb, or Rental Potential
With the housing and short-term rental markets on the rise, two additional homes on-site offer incredible flexibility and added value:
So the motel is $2,000,000.00 and the cap rate just motel will be 10.6 Percent
The Main House is $400,000.00 Lower than average Cost in Virginia City.
All has to be purchased together.
Main House (3 Bed / 2 Bath)
The upstairs third bedroom features an apartment-style layout—perfect for a live-in manager, owner suite, or short-term rental unit.
Seller can carry a portion of the purchase price, contingent upon Buyer providing no less than fifty percent (50%) down at closing. The remaining balance shall be financed by Seller under a ten (10) year promissory note at a fixed interest rate, with all three properties included in the sale.
Voted #1 Roadside Motel in Nevada by USA TODAY's 2025 10Best List
Read the feature article here
https://www.rgj.com/story/life/2025/05/14/northern-nevada-motel-near-reno-named-one-of-the-best-in-the-country/83605583007/
Property Highlights:
12 Guest Rooms
Five of the rooms have been completely renovated, offering a clean, modern stay while preserving the building’s historical character.
Historic Charm & Paranormal Interest
Built in the 1870s, parts of the property are known for documented paranormal activity—making this a popular attraction for ghost hunters and fans of Old West lore.
Entertainment & Connectivity
All rooms are equipped with Dish Network and fiber internet (1 Gbps up/down) to meet today’s guest expectations.
On-Site Convenience Store
A steady revenue generator, the store serves both guests and the local community.
Expansion Opportunities
Includes land behind the motel with potential to develop rental cabins along B Street to increase future income.
Security System
Multiple surveillance cameras installed across the property for enhanced safety and peace of mind.
Large Lot
One of the largest on C Street, measuring 200 ft x 115 ft (totaling approx. 23,000 sq ft).
Why Virginia City?
Founded in 1859 with the discovery of the Comstock Lode, Virginia City quickly became one of the wealthiest and most influential mining towns in the United States. Its silver helped finance the rise of San Francisco and contributed to the Union’s success in the Civil War.
Today, the town attracts 850,000 to 1 million visitors annually, offering:
A well-preserved 19th-century streetscape
Vibrant saloons, museums, and shops
National Historic Landmark District designation
Signature events like the Camel & Ostrich Races, parades, and ghost tours
A Rare Lifestyle & Business Opportunity
This is more than a motel—it's a chance to own and operate a thriving business while becoming part of a unique, close-knit community steeped in American history. With growing tourism, expansion possibilities, and added residential assets, this property is a smart investment with endless potential.
Contact Us for Details
Call today for financials, pricing, or to schedule a private showing.
Prefer email? Reach out with your questions, and we’ll gladly provide the details you need.
Don’t miss your opportunity to own a top-rated, income-producing property in one of America’s most legendary towns.