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Two-Hotel Interior Corridor Portfolio
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2050 Market St, Reno, NV 89502

Two franchised hotels offer shared guest amenities, a manager’s unit, and access to Reno-Tahoe International Airport.

Property SizeContact for details
Days on Market144

Property Features for 2050 Market St

General Information

Standard status Active
Property subtype Hospitality

Additional Details

Highway Access Yes

Amenities

fitness center
business center
complimentary breakfast buffet
guest laundry facilities
seasonal outdoor pool

Building Details

Buildings 2
Stories 4
Listing Agency: Marcus & Millichap - Inland Empire
Listed By: Gordon Allred · License #CA 00927200
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 8:52PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Inland Empire

Investment Insights

Based on property information with market context.

This two-property hotel portfolio includes Quality Inn & Suites and Baymont Inn & Suites, both configured as 4-story interior corridor hotels on one parcel. Shared amenities include a fitness center, business center, complimentary breakfast buffet, guest laundry facilities, a seasonal outdoor pool, and a one-bedroom, one-bathroom manager’s unit. Improvements include new boilers, a resurfaced parking lot, and a renovated pool. The Baymont exterior has been repainted, and a new roof is currently underway.

The properties are located at 2050 Market St in Reno, Nevada, across the freeway from Reno-Tahoe International Airport. The surrounding Reno-Sparks-Carson City metro includes leisure, tourism, logistics, manufacturing, gambling, cultural, and outdoor recreation activity. Both hotels received a new 20-year franchise renewal upon acquisition in December 2019.

Key Highlights

  • Two franchised hotels located on one parcel
  • Both properties are 4‑story interior corridor hotels
  • Across the freeway from Reno‑Tahoe International Airport

Property Analytics

Current Use

The Rivet Apartment Complex

Suggested Use

Top Pick Bakery HVAC Service Catering Service Grocery & Convenience Store Electrical Service Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,408
Businesses Nearby

Demographics for 89502, NV

47,062
Population
20,781
Households
2.3
Avg Household Size
36
Median Age
19%
College-Educated
80%
High-School Grad
21.5 sq mi
ZIP Area
2,189
Density / Sq Mi
$62,719
Median Household Income
$36,796
Median Earnings
$1,243
Median Rent
$389,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Two franchised hotels offer shared guest amenities, a manager’s unit, and access to Reno-Tahoe International Airport.
Where is this hotel located?
The property is located at 2050 Market St Reno, NV.
What are key features of this property?
This property features: Two franchised hotels located on one parcel; Both properties are 4‑story interior corridor hotels; Across the freeway from Reno‑Tahoe International Airport
(909) 456-3481 Call to check price and availability
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