1636 Boulder HwyHenderson, NV 89011

This exceptional investment opportunity presents the Ingles Motel, a 27-unit property located at 1636 N Boulder Hwy, Henderson, NV 89011. Boasting 8,080 square feet on a 0.63-acre lot, this single-story motel underwent a complete renovation in 2021, featuring new paint, furniture, plumbing, electrical systems, doors, and windows. The property, built in 1954 and zoned for motel use, offers a compelling 11% capitalization rate with a Net Operating Income (NOI) of $467,500 and an asking price of $4,250,000 ($525.99/sq ft). The motel comprises a mix of one and two-bedroom units, generating income through daily and weekly rentals. An SBA appraisal valued the property at $4.6 million. The seller may consider financing options with a full-price offer, potentially carrying 5-10% of the purchase price. Financial details are available upon request. The motel benefits from a strong location within a growing neighborhood and enjoys low vacancy rates, making it an easily managed and highly profitable investment. This turnkey operation is ready for a new owner to continue its success.