1349 Idaho StElko, NV 89801

For Sale
$1,800,000

Profitable Hotel, Recently Renovated

Overview

Added:
Dec 11, 2024
Days on market:
92
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.

Highlights

  • $1,800,000 asking price.
  • 63-key hotel/motel.
  • 25,593 square feet.
  • Two buildings, two stories.
  • 0.9-acre lot.
  • Recently renovated (2024).

Property Details for 1349 Idaho St

Property type
Other hospitality properties, Motels
Square Feet
25,593 SF
Year Built/Renovated
1961/2024
Buildings
2
Stories
2
Lot Size (sq. ft)
39,204 SF

Location Insight

City
Elko
County
Elko
State
Nevada
Latitude
40.8395112
Longitude
-115.7555549
1349 Idaho St, Elko, Nevada

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1349 Idaho St
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