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INVESTMENT HIGHLIGHTS
- Pro Forma Adjusted EBITDA (2023): $1.57M
- 3-Year Average Adjusted EBITDA (2021–2023): $1.72M
- Proximity to I-80 and Union Pacific rail lines (new rail spur breaking ground in 4–6 weeks)
- Cap Rate: 17.89%
- Located in the heart of downtown Battle Mountain
- Benefiting from the $2.2B Thacker Pass Lithium Mine project (~50 miles away)
EXECUTIVE SUMMARY
This Battle Mountain Gaming & Hospitality 6-property portfolio, offered at $8.8M, delivers high cash flow with substantial value-add and redevelopment potential. With a blended 17.89% cap rate and consistent EBITDA performance, this diversified hospitality package offers a rare opportunity for investors seeking both income and upside. Properties include two casinos, two motels, one commercial building, and one parking lot in downtown Battle Mountain, a market poised for long-term growth due to major infrastructure and mining projects
Financials
- Pro Forma Adjusted EBITDA (2023): $1.57M
- Cap Rate: 17.89%
- 3-Year Average Adjusted EBITDA (2021–2023): $1.72M
- Adjustments include rent, depreciation, and PPP forgiveness normalization
Strategic Location
- Located in the heart of downtown Battle Mountain
- Proximity to I-80 and Union Pacific rail lines
- Benefiting from the $2.2B Thacker Pass Lithium Mine project (~50 miles away)
- $5.6M infrastructure investment approved in 2025
- Tourism and business growth driving increased hospitality demand
Local Infrastructure Update: Lander County has advanced the Battle Mountain rail spur project through all five approval stages with Union Pacific. Groundbreaking is expected within 4–6 weeks. Once complete, the spur will be listed on Union Pacific’s system as a development-ready site, positioning Battle Mountain for new industry and long-term economic growth.
*For Data Room Access, NDA required*
Financials
- Pro Forma Adjusted EBITDA (2023): $1.57M
- Cap Rate: 17.89%
- 3-Year Average Adjusted EBITDA (2021–2023): $1.72M
- Adjustments include rent, depreciation, and PPP forgiveness normalization
Strategic Location
- Located in the heart of downtown Battle Mountain
- Proximity to I-80 and Union Pacific rail lines
- Benefiting from the $2.2B Thacker Pass Lithium Mine project (~50 miles away)
- $5.6M infrastructure investment approved in 2025
- Tourism and business growth driving increased hospitality demand
Local Infrastructure Update: Lander County has advanced the Battle Mountain rail spur project through all five approval stages with Union Pacific. Groundbreaking is expected within 4–6 weeks. Once complete, the spur will be listed on Union Pacific’s system as a development-ready site, positioning Battle Mountain for new industry and long-term economic growth.
*For Data Room Access, NDA required*
PROPERTY FACTS
| Price | $12,284,096 CAD | Number of Properties | 6 |
| Price / SF | $510.69 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 17.89% | Total Building Size | 24,054 SF |
| Sale Type | Investment | Total Land Area | 1.04 AC |
| Status | Active |
| Price | $12,284,096 CAD |
| Price / SF | $510.69 CAD / SF |
| Cap Rate | 17.89% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 6 |
| Individually For Sale | 0 |
| Total Building Size | 24,054 SF |
| Total Land Area | 1.04 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Owl Motel
8 E Front St, Battle Mountain, NV 89820 |
Hospitality | 6,464 SF | 1966 | - |
|
8 Room Motel (Employee Housing)
195 S Galena St, Battle Mountain, NV 89820 |
Hospitality | 2,854 SF | 1940 | - |
|
Parking Lot/ Land
35 E 2nd St, Battle Mountain, NV 89820 |
Land | 0.21 AC | - | - |
|
Commercial Building
165 S Reese St, Battle Mountain, NV 89820 |
Retail | 3,200 SF | 1982 | - |
|
Owl Club - Casino & Restaurant
72 E Front St, Battle Mountain, NV 89820 |
Sports & Entertainment | 5,768 SF | 1900 | - |
|
Nevada Casino & Bar
36 E Front St, Battle Mountain, NV 89820 |
Sports & Entertainment | 5,768 SF | 1900 | - |
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Battle Mountain Gaming & Hospitality
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