3725 Us Hwy, Baker, NV 89311

Property Details for 3725 Us Hwy

Year built

1970

Lot size

56.00 lot acres

Property type

Casinos

Property subtype

Hospitality properties

Description

This exceptional hospitality 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 feature approximately 25,000 square feet of commercial buildings, including a 29-unit motel with various room types (single queen, double beds, some with kitchenettes), a fully licensed casino with approximately 38 slot machines, a restaurant seating 88, a gift shop, and a 25-stall RV park with full hookups. Additional amenities include a kids' activity center, large meeting room, guest laundry, and a new EV charging station. The property also boasts a Nevada State liquor license and two billboards. The undeveloped 26.44 acres offer significant expansion potential, with existing infrastructure in place to support motel and/or RV park growth. Ten buildings are situated on the property, including four outbuildings housing water and fire suppression systems. The property includes two water wells, an oversized septic system, and ample parking for tour buses and oversized trucks. Five mobile homes and several oversized motel rooms provide potential employee housing. Built between the late 1960s and 2012, with renovations in 2000, 2010, and 2020, this property offers a strong stabilized investment with a current NOI of $593,128 and a pro-forma NOI of $616,495, resulting in a 14.83% cap rate and a pro-forma cap rate of 15.41%. The asking price is $4,000,000. The property includes two parcels in Nevada (APN: 12-240-03 and 12-240-04) and two in Utah (APN: 6861-B and 6861-C), all zoned for general commercial use. Two trucks and a tractor are included in the sale.

Location Insight

City

Baker

County

White Pine

State

Nevada

Longitude

-114.194

Latitude

39.0853