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Lakemill Lodge 200 Mill St 121 Room Hotel Reno, NV 89501 $17,053,001 CAD ($140,934 CAD/Room)
Executive Summary
Ownership is amenable to a SPLIT SALE, with each building available individually.
The presence of Renaissance, a boutique hotel's advantageous placement together with the Automobile museum located directly across this property makes this site exceptionally well suited for a luxury high value development.
Property Facts
| Price | $17,053,001 CAD | Building Size | 55,783 SF |
| Price Per Room | $140,934 CAD | No. Rooms | 121 |
| Sale Type | Investment | No. Stories | 6 |
| Sale Condition | Business Value Included | Year Built | 1966 |
| Property Type | Hospitality | Parking Ratio | 1.02/1,000 SF |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.53 AC | ||
| Zoning | MD-RD | ||
| Price | $17,053,001 CAD |
| Price Per Room | $140,934 CAD |
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.53 AC |
| Building Size | 55,783 SF |
| No. Rooms | 121 |
| No. Stories | 6 |
| Year Built | 1966 |
| Parking Ratio | 1.02/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | MD-RD |
Amenities
- High Speed Internet Access
- Public Access Wifi
About 200 MILL ST , RENO, NV 89501
The asset consists of two distinct buildings, offering 75 keys and 50 keys respectively. Both buildings feature separate entrances and dedicated elevator systems allowing for operational independence. One side has a Bar underneath it and the other building has a Convenience store. Ownership is amenable to a SPLIT SALE, with each building available individually. The presence of Renaissance, a boutique hotel's advantageous placement together with the Automobile museum located directly across this property makes this site exceptionally well suited for a luxury high value development.
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 121 | $90.04 CAD | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,002,331 CAD | |
| Land Assessment | $267,464 CAD | Total Assessment | $2,269,794 CAD |
Property Taxes
Presented by
Company Not Provided
Lakemill Lodge | 200 Mill St
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