434 Front St Battle Mountain, NV 89820

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.