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Motels(s) : Two Properties Package

2 Hospitality Properties Offered at £6,650,825 in Hawthorne, NV

Investment Highlights

  • +/- 80 Rentable Units
  • Independent Property
  • Full Solar energy
  • Extended Stay for Corporate Clientele
  • Turnkey Properties
  • +/- 15% Cash on Cash Returns // +/- 13% Cap

Executive Summary

This offering consists of two neighboring properties.
Each property contains it’s own manager/owner quarters.
Property is well maintained, with housekeeping and maintenance staff on premises.
There are no franchise fees and minimum dependency with online travel agencies.
Both Motel’s have established a high corporate customer base, with many extended stay clientele.
Financials available upon NDA/POF & LOI.

Property Facts

Price £6,650,825
Price / SF £248.48 / SF
Sale Type Investment or Owner User
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 26,766 SF
Total Land Area 1.68 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Hawthorne's Best Inn
1402 E 5th St, Hawthorne, NV 89415
Hospitality 18,641 SF 1990 -
Monarch Motel
1221 5th St, Hawthorne, NV 89415
Hospitality 8,125 SF 1965 -
Show More > < Show Less
  • Listing ID: 30704325

  • Date on Market: 19/01/2024

  • Last Updated:

  • Address: Motels(s) : Two Properties Package, Hawthorne, NV

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