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Investment Highlights
- Heavy Traffic
- Peak opportunity for new commerce coming to the town of Wells, NV.
Executive Summary
This property has not been operational for the past 5 years it was at one time one of the great motels in Wells, NV. has a great location with renovation or redevelopment opportunities. Amazon just built a distribution center in Wells creating 100 jobs this is a prime piece of real estate in a prime location available at a steal of a price.
Property Facts
| Price | $478,468 CAD | Lot Size | 0.51 AC |
| Price Per Room | $20,803 CAD | Building Size | 8,942 SF |
| Sale Type | Investment | No. Rooms | 23 |
| Sale Condition | Distress Sale | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1964 |
| Property Subtype | Hotel | Parking Ratio | 1.17/1,000 SF |
| Building Class | F | Corridor | Exterior |
| Zoning | GC - General Commercial | ||
| Price | $478,468 CAD |
| Price Per Room | $20,803 CAD |
| Sale Type | Investment |
| Sale Condition | Distress Sale |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | F |
| Lot Size | 0.51 AC |
| Building Size | 8,942 SF |
| No. Rooms | 23 |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 1.17/1,000 SF |
| Corridor | Exterior |
| Zoning | GC - General Commercial |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 23 | $90.23 CAD | - |
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Property Taxes
| Parcel Number | 002-553-002 | Improvements Assessment | $140,282 CAD |
| Land Assessment | $8,352 CAD | Total Assessment | $148,634 CAD |
Property Taxes
Parcel Number
002-553-002
Land Assessment
$8,352 CAD
Improvements Assessment
$140,282 CAD
Total Assessment
$148,634 CAD
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The Sage Inn | 560 6th St
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