Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET Estimated value $825,000
    Motels

    1349 Idaho St, Elko, NV 89801-4018

    21,144 SF 1 ac lot Built 1945
    Entity Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US62-0923056
    Property summary
    AI-generated overview

    The Stay Express Inn, a thriving hospitality business located at 1349 Idaho St, Elko, NV 89801, is offered for sale at $1,800,000. This established hotel boasts 63 keys spread across two, two-story buildings, totaling 25,593 square feet on a 0.9-acre lot (APN: 001-292-001). Built in 1961 and extensively renovated in 2024, the property presents a turnkey opportunity for investors. Its prime location, just two miles from Elko Regional Airport, ensures convenient access for both business and leisure travelers. The hotel's strategic positioning within Elko County capitalizes on the consistent influx of visitors drawn to the region's robust mining industry and diverse outdoor recreational activities. This presents a significant opportunity for growth within a dynamic and thriving market. The property's recent renovation ensures modern amenities and updated facilities, minimizing immediate capital expenditure needs. This well-maintained hotel offers a strong foundation for continued success and substantial return on investment. The property's size and location make it an attractive option for both experienced hospitality operators and new investors seeking a profitable venture in a growing Nevada market.

    Property profile
    Verified
    Property type Motels
    Use group MOTEL
    Year built 1945
    Total area 21,144 SF
    Lot 1 ac (43,560 SF)
    Zoning code ZC
    APN 001-292-001
    UPID US62-0923056
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Stay Express Inn Elko Hotel & Motel
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $985k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $796k
    Blend (final) Blend
    $825k
    Owner & transaction history
    Kana LLC · 5 yrs held
    Kana LLC
    since 2021
    Last sale
    $750,000
    5 recorded transactions
    2021
    $750,000
    2014
    2004
    $400,000
    1969
    1969
    Zoning & alternative use
    ZC · Elko, NV
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 1349 Idaho St?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message