Lovelock Hospitality & Rv Park 3 Properties Offered at $5,500,000 in Lovelock, NV
INVESTMENT HIGHLIGHTS
- Income producing portfolio featuring an RV Park, Motel and Lovelock Inn
- Easily accessible location in Lovelock with visibility from I-80
- Properties have been recently renovated
- New capital improvements: new roofs, windows, etc...
EXECUTIVE SUMMARY
RE/MAX Commercial is pleased to present the Lovelock Hospitality portfolio for sale in Lovelock, NV. A great investment opportunity comprised of a 37 rooms motel called Lovelock Inn. Property also has a restaurant that could be opened or leased out. Occupancy is increasing as mining activity picks up. Recent property upgrades including new roof and exterior paint. The Lovelock Inn is also available for sale with the Lovelock Nugget Motel that has 17 rooms and It also includes the Brookwood Motel and RV Park that has 41 mobile home spaces and a 9 room motel. The portfolio totals 10.06 acres with a proforma 7.77% cap rate.
- 55 Cornell ave, $2,500,000
- 205 Cornell, $1,800,000
- 515 Cornell , $1,200,000
- 55 Cornell ave, $2,500,000
- 205 Cornell, $1,800,000
- 515 Cornell , $1,200,000
DATA ROOM Click Here to Access
- Operating and Financials
TAXES & OPERATING EXPENSES (PRO FORMA - 2025) Click Here to Access |
ANNUAL |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$99,999
|
| Taxes |
$99,999
|
| Operating Expenses |
$99,999
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
PROPERTY FACTS
| Price | $5,500,000 |
| Price / SF | $400.70 / SF |
| Cap Rate | 3.15% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 3 |
| Total Building Size | 13,726 SF |
| Total Land Area | 9.83 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Lovelock Nugget Motel
515 Cornell Ave, Lovelock, NV 89419 |
Hospitality | 5,448 SF | 1946 | $1,200,000 |
|
Lovelock Inn
55 Cornell Ave, Lovelock, NV 89419 |
Hospitality | 6,278 SF | 1945 | $2,500,000 |
|
Brookwood Mobile Home - RV Park & Motel
205 Cornell Ave, Lovelock, NV 89419 |
Multifamily | 2,000 SF | 1945 | $1,800,000 |
