307 Main St Yerington, NV 89447-2236
This exceptional investment opportunity encompasses a thriving 13-unit motel, a commercial building currently leased to Charter Communications (Spectrum), and a manager's residence, all situated on a combined 1.2-acre parcel in Yerington, Nevada. The property consists of two parcels, APN#s 001-058-01 & 02. The motel units, including a manufactured home on-site, have recently undergone updates. The commercial building provides a stable income stream through its existing lease agreement. A key feature of this offering is the inclusion of a vacant lot, previously utilized as a small mobile home park. This lot is an integral part of the sale and is essential due to the existing motel units and commercial building encroaching upon it. The total square footage of the buildings is 5,823 square feet. This property presents a unique chance to acquire a multi-faceted commercial investment with significant potential for growth and return. The combination of established rental income from the motel and the commercial building, coupled with the potential redevelopment opportunities presented by the vacant lot, makes this a compelling investment prospect. The property is offered at $750,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C1 · Yerington, NVYerington. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.