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    435 9 St Lovelock, NV 89419

    Sponsored
    For Sale
    $425,000

    20-Unit Motel, Downtown Lovelock

    Property size:
    4,869 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 20-unit motel presents a unique investment opportunity in the heart of Lovelock, Nevada. The Desert Haven Motel boasts 4,869 square feet across two buildings situated on a spacious 17,124+- square foot lot, providing ample parking. The property includes 20 guest rooms, plus an office, with some rooms featuring kitchens. The seller believes the property is suitable for continued operation as a motel or conversion into apartments, offering significant upside potential. Currently, the motel shows fair condition with some deferred maintenance. Based on a conservative average nightly rate of $70 per room (lower than competitors), the property projects gross monthly revenue exceeding $40,000 at full occupancy. The area's expanding mining and other industries indicate growing short- and long-term housing demand, making this a compelling investment. The asking price is $425,000 ($87.29/sq ft). The property is located at 435 9th St, Lovelock, NV 89419 (APN: 001-095-01). Note: Google Maps may be inaccurate

    Property Features for 435 9 St

    General Information

    Property type
    Motels
    Square Feet
    4,869 SF

    HighLights

    • 20‑unit motel in central Lovelock, NV.
    • 4,869 SF on a 17,124+ SF lot with ample parking.
    • Features 20 rooms, an office, and some kitchenettes.
    • Potential for continued motel operation or conversion to apartments.
    • Gross potential exceeds $40,000/month at $70/night average rate (below market).
    • Strong rental demand driven by local economic growth.
    Property Profile Location Intelligence

    Current Use by Public Records

    Motels

    Map

    City
    Lovelock
    County
    Pershing
    State
    Nevada
    Longitude
    -118.477169
    Latitude
    40.179109

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    FAQs

    What type of property is this?
    Motel - 20-Unit Motel, Downtown Lovelock
    Where is this motel located?
    The property is located at 435 9 St Lovelock, NV.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: 20-unit motel in central Lovelock, NV.; 4,869 SF on a 17,124+ SF lot with ample parking.; Features 20 rooms, an office, and some kitchenettes.
    Request Owner's contact information
    435 9 St Lovelock, NV 89419
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    Lovelock, NV 89419
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    435 9 St Lovelock, NV 89419
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