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The Sage Inn 560 6th St 23 Room Hotel Wells, NV 89835 $350,000 ($15,217/Room)
INVESTMENT HIGHLIGHTS
- Heavy Traffic
- Peak opportunity for new commerce coming to the town of Wells, NV.
EXECUTIVE SUMMARY
This property has not been operational for the past 5 years it was at one time one of the great motels in Wells, NV. has a great location with renovation or redevelopment opportunities. Amazon just built a distribution center in Wells creating 100 jobs this is a prime piece of real estate in a prime location available at a steal of a price.
PROPERTY FACTS
| Price | $350,000 | Lot Size | 0.51 AC |
| Price Per Room | $15,217 | Building Size | 8,942 SF |
| Sale Type | Investment | No. Rooms | 23 |
| Sale Condition | Distress Sale | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1964 |
| Property Subtype | Hotel | Parking Ratio | 1.17/1,000 SF |
| Building Class | F | Corridor | Exterior |
| Zoning | GC - General Commercial | ||
| Price | $350,000 |
| Price Per Room | $15,217 |
| Sale Type | Investment |
| Sale Condition | Distress Sale |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | F |
| Lot Size | 0.51 AC |
| Building Size | 8,942 SF |
| No. Rooms | 23 |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 1.17/1,000 SF |
| Corridor | Exterior |
| Zoning | GC - General Commercial |
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 23 | $66.00 | - |
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PROPERTY TAXES
| Parcel Number | 002-553-002 | Improvements Assessment | $102,443 |
| Land Assessment | $6,099 | Total Assessment | $108,542 |
PROPERTY TAXES
Parcel Number
002-553-002
Land Assessment
$6,099
Improvements Assessment
$102,443
Total Assessment
$108,542
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The Sage Inn | 560 6th St
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