3725-3777 Us Hwy Baker, NV 89311

Property Details for 3725-3777 Us Hwy

Year built

1970

Lot size

56.03 lot acres

Property size

25,000 SF

Property type

Casinos

Property subtype

Hospitality properties

Description

This exceptional income-producing investment opportunity encompasses a thriving 56.03-acre property straddling the Nevada-Utah border on US Hwy 50 & 6, just 10 minutes from Baker, Nevada. The developed 3.65 acres boast approximately 25,000 square feet of commercial buildings, including a 29-unit motel with various room configurations (including kitchenettes), a fully licensed casino with approximately 38 slot machines, a restaurant with seating for 88, a gift shop, and a 25-stall RV park with full hookups. Additional amenities include a large meeting room, a kids' activity center, guest laundry facilities, and a new electric vehicle charging station. The property also benefits from a Nevada State liquor license and two billboards. The undeveloped land offers significant expansion potential for the motel and RV park, with existing infrastructure in place. The property includes 15 buildings, a manager's dwelling, employee housing, and several outbuildings. Supporting infrastructure includes two water wells, an oversized septic system, and ample parking for 100 vehicles, including tour buses and oversized trucks. Built between the late 1960s and 2012, with renovations in 1995, 2006, and 2020, this property offers a strong current NOI of $593,128, a pro-forma NOI of $616,495, and a pro-forma cap rate of 15.41%. The asking price is $4,000,000, representing a price per key of $25,000. The property is currently operating at 100% occupancy. Included in the sale are two trucks and a tractor. Detailed financial information is available upon request.

Location Insight

City

Baker

County

White Pine

State

Nevada

Longitude

-114.194

Latitude

39.0853