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201 W Caroline St
Carson City, NV 89703
Silver Queen Motel · Hospitality Property For Sale
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37 Rooms
PROPERTY FACTS
| Property Type | Hospitality | No. Rooms | 37 |
| Property Subtype | Hotel | No. Stories | 4 |
| Building Class | C | Year Built | 1966 |
| Lot Size | 0.22 AC | Corridor | Exterior |
| Building Size | 11,684 SF | ||
| Zoning | DT-MU | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 11,684 SF |
| No. Rooms | 37 |
| No. Stories | 4 |
| Year Built | 1966 |
| Corridor | Exterior |
| Zoning | DT-MU |
ABOUT 201 W CAROLINE ST , CARSON CITY, NV 89703
Well established Motel in the heart of the West side of Carson City in the Downtown area. The Motel consists of 37 units, 35 studio/motel rooms, 1 Penthouse suite, 1 Ground floor One Bedroom suite, laundry facility (with new washing machines arriving mid December and will be available to guests as an additional income stream, not currently added to the NOI). This property is professional managed by Nevada Commercial Real Estate Services as well as on-site managers, making this a no hassle for any new owner. New capital improvements to the building: - 2 new high efficiency boilers - New high efficiency chiller and and compressor - Remodeled Penthouse Suite Actual financials are based on increases already scheduled effective February 1st 2018. Many long term guest, rates are based on frequency of payments, $200 per week, $375 per bi-monthly, & $675 per monthly, Penthouse $1,200 per Month, Ground Floor One Bedroom $1,000. Increases to Studio units are now being leased at $750 per month and $425 per bi-monthly (NOI does not reflect new increases).
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $187,036 | |
| Land Assessment | $58,258 | Total Assessment | $245,294 |
PROPERTY TAXES
