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    Elko, NV
    Hospitality

    Elko, NV Hospitality Properties for Sale

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    Value-Add Studio Motel Conversion
    Updated: Jul 9
    Value-Add Studio Motel Conversion

    340 6th St, Elko, NV 89801

    $590,000
    13,672 sqft
    33‑unit motel conversion in Wells, Nevada with studio apartment units
    Value‑add setup with currently vacant units available for lease‑up
    9.5% cap rate with in‑place NOI of $61,750
    Immediate income potential based on current in‑place rents
    View details
    See hot listings in Elko

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Est. NOI available after sign in
    Local Demand available after sign in
    Based on your search, we've compiled 39 Potential Opportunities for your consideration. Besides 1 Active listings in Elko, NV, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 34 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Commercial Property in Wells
    Mixed-Use Commercial Property in Wells

    755 Humboldt Ave, Wells, NV 89835

    Contact for pricing
    11,033 sqft

    Mixed-use property with hotel, restaurant, and RV park components.

    View details
    33-Unit Motel with Studio Units
    33-Unit Motel with Studio Units

    340 6th Street, Wells, NV 89801

    $590,000

    Converted lodging property with studio units and additional occupancy available through lease-up.

    View details
    Mountain Resort With RV Pads
    Mountain Resort With RV Pads

    14032 Mountain City Highway, Mountain City, NV 89831

    $1,300,000
    2,200 sqft 119.81 AC lot

    Hospitality property with lodging, food service, retail, and outdoor recreation facilities in northeastern Nevada.

    View details
    Wildhorse Resort: Mountain Paradise Awaits
    Wildhorse Resort: Mountain Paradise Awaits

    14032 State Highway 225, Mountain City, NV 89831

    $1,300,000
    119.81 AC lot

    Resort on 119 acres bordering Jack Creek and Owyhee River.

    View details

    Off-Market Properties in Elko, NV

    Consider similar Off-Market properties in Elko, NV. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1930 Idaho St
    MOTEL

    1930 Idaho St, Elko, NV 89801-2629

    Estimated value:
    No data
    61,216 sqft 3.00 AC lot
    View details
    500 Oak St
    HOTEL/MOTEL

    500 Oak St, Elko, NV 89801-2977

    Estimated value:
    $555,000
    6,680 sqft 0.25 AC lot
    View details
    736 Idaho St
    MOTEL

    736 Idaho St, Elko, NV 89801-3824

    Estimated value:
    $240,000
    10,688 sqft 0.34 AC lot
    View details
    837 Idaho St
    MOTEL

    837 Idaho St, Elko, NV 89801-3825

    Estimated value:
    $2,420,000
    13,347 sqft 0.40 AC lot
    View details
    345 Idaho St
    MOTEL

    345 Idaho St, Elko, NV 89801-3135

    Estimated value:
    $580,000
    10,601 sqft 0.40 AC lot
    View details
    345 Idaho St
    MOTEL

    345 Idaho St, Elko, NV 89801-3135

    Estimated value:
    $825,000
    16,688 sqft 0.46 AC lot
    View details
    837 Ct St
    MOTEL

    837 Ct St, Elko, NV 89801-3332

    Estimated value:
    $2,420,000
    10,120 sqft 0.29 AC lot
    View details
    650 Idaho St
    HOTEL/MOTEL

    650 Idaho St, Elko, NV 89801-2973

    Estimated value:
    $650,000
    11,208 sqft 0.37 AC lot
    View details
    2625 Jennings
    HOTEL

    2625 Jennings, Elko, NV 89801-7902

    Estimated value:
    $12,350,000
    53,073 sqft 2.00 AC lot
    View details
    411 10th St
    MOTEL

    411 10th St, Elko, NV 89801-3903

    Estimated value:
    $500,000
    4,746 sqft 0.23 AC lot
    View details
    1276 Idaho St
    MOTEL

    1276 Idaho St, Elko, NV 89801-4017

    Estimated value:
    $500,000
    3,186 sqft 0.41 AC lot
    View details
    3019 Idaho St
    HOTEL

    3019 Idaho St, Elko, NV 89801-4604

    Estimated value:
    $4,000,000
    40,174 sqft 1.95 AC lot
    View details
    1181 Idaho St
    MOTEL

    1181 Idaho St, Elko, NV 89801-3922

    Estimated value:
    $425,000
    4,820 sqft 0.23 AC lot
    View details
    3320 Idaho St
    MOTEL

    3320 Idaho St, Elko, NV 89801-4699

    Estimated value:
    $3,615,000
    23,578 sqft 2.00 AC lot
    View details
    3021 Idaho St
    HOTEL/MOTEL

    3021 Idaho St, Elko, NV 89801-4604

    Estimated value:
    $1,625,000
    7,168 sqft 3.45 AC lot
    View details
    185 Idaho St
    HOTEL/MOTEL

    185 Idaho St, Elko, NV 89801-3065

    Estimated value:
    $500,000
    8,370 sqft 0.29 AC lot
    View details
    1349 Idaho St
    MOTEL

    1349 Idaho St, Elko, NV 89801-4018

    Estimated value:
    $830,000
    21,144 sqft 1.00 AC lot
    View details
    294 Idaho St
    MOTEL

    294 Idaho St, Elko, NV 89801-3169

    Estimated value:
    $405,000
    7,865 sqft 0.44 AC lot
    View details
    95 Spruce Rd
    MOTEL

    95 Spruce Rd, Elko, NV 89801-2454

    Estimated value:
    $4,500,000
    59,328 sqft 3.00 AC lot
    View details
    3015 Idaho St
    HOTEL

    3015 Idaho St, Elko, NV 89801-4604

    Estimated value:
    $5,580,000
    96,480 sqft 3.00 AC lot
    View details
    1261 Idaho St
    MOTEL

    1261 Idaho St, Elko, NV 89801

    Estimated value:
    $270,000
    1,834 sqft 0.67 AC lot
    View details
    132 3rd St
    HOTEL/MOTEL

    132 3rd St, Elko, NV 89801-3671

    Estimated value:
    $270,000
    7,774 sqft 0.34 AC lot
    View details
    1755 Idaho St
    MOTEL

    1755 Idaho St, Elko, NV 89801-4025

    Estimated value:
    $610,000
    25,152 sqft 1.00 AC lot
    View details

    Elko, NV Hospitality Properties Market Trends and Statistics

    Explore 35 hospitality properties for sale in Elko, NV on our real estate platform. These investment opportunities span a total of 13,672 square feet of properties for sale, with an estimated market value of $590,000.

    Sale prices for hospitality properties in Elko, NV average $590,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Motels 2
    Hotels 1

    Demographics Overview

    Population 26K
    Population Growth (5Y) -0.4%
    Median Household Income $83,777
    College Educated 5.8%

    High-Yield Neighborhoods for Investment

    Identify Elko submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    89801 $590K

    Taxes & Financing

    Tax Rate (average for all types) 3.23%
    Property Tax per SF $50.59 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Elko County

    New Delisted

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    Featured Elko Real Estate Agencies

    Realmo connects you with licensed Elko CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Coldwell Banker Algerio/Q-Team Realty
    700 Idaho St Elko, NV 89801
    Phone: 17757384078
    www.CBElko.com

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