434 Front St Battle Mountain, NV 89820
- Hospitality properties
- 26,052 SF
- 4.09 lot acres
Current Use by Public Records
- Big Chief Motel / Motel / Hotel
Property Details for 434 Front St
- Year built
- 1959
- Lot size
- 4.09 lot acres
- Property size
- 26,052 SF
- Property type
- Hospitality properties
- Property subtype
- Motels
Description
This exceptional value-add opportunity presents a 90-unit motel in Battle Mountain, Nevada, boasting a substantial 26,052 square feet across four buildings on a 4.09-acre lot. The property, built in 1959 and extensively renovated in 2022/2023, includes a convenient store and offers significant upside potential. The motel generated a Net Operating Income (NOI) of $813,000 in 2023, representing an 11.96% capitalization rate based on the $6,800,000 asking price. The property's 65% occupancy rate in 2023, with a total revenue of $1,648,658 and total expenses of $835,658, indicates strong potential for increased profitability through operational improvements and strategic management. The property is zoned C2-Commercial and includes multiple parcels with addresses at 434 W Front St, 408 W Front St, 474 W Front St, and 415 W 2nd St, Battle Mountain, NV 89820. One parcel features prominent signage on the east end of town, offering excellent visibility. The property's strategic location on the main street of Battle Mountain provides easy access and high visibility. This is an ideal investment for those seeking a strong return on investment with significant value-add potential. The property's size and location offer opportunities for expansion or development, further enhancing its long-term value.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Battle Mountain
- County
- Lander
- State
- Nevada
- Longitude
- -116.94
- Latitude
- 40.6455
