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$280,000
Est. payment /mo
4,869 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 4,869 sqft
Price per Sqft $57
MLS Listing ID 240006707
Year Built 1939
Annual Tax Amount $1,890
Lot Size 0.390 Acres
Acres 0.39
Lot Dimensions 0.39
Property Sub-Type Business
Property Description
Well known, classic Americana non-operating motel located in the heart of central Lovelock. The Desert Haven Motel consists of 4,869 SF in two buildings, on a 17,124+- SF lot with plenty of parking. 20 rooms plus office. Some rooms have kitchens. City has said property can be operated as its current motel use or converted to apartments. Unique opportunity either way. Deferred maintenance, needs work, ready for your upgrades/remodel., 20 UNIT MOTEL WITH EXCELLENT POTENTIAL Well known, classic Americana non-operating motel located in the heart of central Lovelock. The Desert Haven Motel consists of 4,869 SF in two buildings, on a 17,124+- SF lot with plenty of parking. 20 rooms plus office. Some rooms have kitchens. To Seller's knowledge the property can be operated as its current motel use or converted to apartments. Unique opportunity with big upside either way. Property appears to be in fair condition with deferred maintenance, needs work, ready for your upgrades/remodel. Based on a nightly average rental rate of $70 per room, which is low as compared to competing motels in Lovelock, this property is capable of grossing well over $40,000 per month at full occupancy. Currently expanding mines and other local enterprises point to increasing short and long term housing demand now and in the future. Excellent investment and business opportunity. Please do not enter onto the property without an appointment. Please call in advance to schedule a viewing. Directions: The Desert Haven Motel is located at 435 9th St in Lovelock. The property is at the corner of Dartmouth Ave and 9th Street. Please note Google Maps does not accurately map the address, so please use the cross streets or the GPS coordinates to locate the property. GPS 40.179109, -118.477169
Location
State NV
County Pershing
Zoning C
Direction Dartmouth Ave
Interior
Heating Natural Gas, Wall Furnace
Flooring Vinyl
Exterior
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
View Y/N No
Roof Type Composition,Flat,Pitched,Shingle,Tar/Gravel
Building
Lot Description Landscaped
Story 1
Foundation Slab, Crawl Space
Water Public
Structure Type Brick,Frame,Stucco
Others
Tax ID 00109501
Acceptable Financing Cash
Listing Terms Cash
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Listed by Desert Acreage