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Investment Highlights
- The structure utilizes masonry construction and operates under a franchise agreement.
- The hotel's location type is Interstate, indicating high visibility and accessibility for highway travelers.
- Positioned near Convention Drive, a key connector to Elko amenities
- Strong daily traffic on Idaho Street (16,341–17,336 ADT depending on year)
- Key guest amenities include a business center, a fitness center, Wi-Fi access, and a smoke-free environment.
- 20-minute walk to Elko Amtrak Station – regional traveler capture
Executive Summary
The Prime Interstate Hospitality Portfolio features a two-property, franchised economy hotel offering in Elko, Nevada. The portfolio totals 134 keys across the Super 8 by Wyndham Elko and the Travelodge by Wyndham Elko. Additionally, the offering includes an additional land parcel, bringing the total acquisition to three parcels spanning 2.70 acres. Strategically located along Idaho Street within Elko’s established hospitality corridor, both assets benefit from strong visibility, convenient Interstate access, and demand from interstate travelers, regional business activity, and value-oriented guests.
The portfolio includes two Wyndham-affiliated economy hotels with complementary room counts, essential guest amenities, and surface parking, with the Super 8 comprising 73 rooms on 1.29 acres and the Travelodge comprising 61 rooms on 0.79 acres. Together, the offering provides investors with immediate scale in a durable lodging market, supported by nationally recognized franchise affiliations, smoke-free accommodations, high-speed internet, business amenities, and a combined land position totaling 2.70 acres across three parcels.
The portfolio includes two Wyndham-affiliated economy hotels with complementary room counts, essential guest amenities, and surface parking, with the Super 8 comprising 73 rooms on 1.29 acres and the Travelodge comprising 61 rooms on 0.79 acres. Together, the offering provides investors with immediate scale in a durable lodging market, supported by nationally recognized franchise affiliations, smoke-free accommodations, high-speed internet, business amenities, and a combined land position totaling 2.70 acres across three parcels.
Data Room Click Here to Access
- Offering Memorandum
- Market Information
Property Facts
| Price | $7,035,000 CAD | Number of Properties | 2 |
| Price / SF | $148.73 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 47,301 SF |
| Status | Under Contract | Total Land Area | 2.08 AC |
| Price | $7,035,000 CAD |
| Price / SF | $148.73 CAD / SF |
| Sale Type | Investment |
| Status | Under Contract |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 47,301 SF |
| Total Land Area | 2.08 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Super 8 by Wyndham Elko
1755 Idaho St, Elko, NV 89801 |
Hospitality | 25,152 SF | 1984 | - |
|
Travelodge Elko
1785 Idaho St, Elko, NV 89801 |
Hospitality | 22,149 SF | 1990 | - |
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Super 8 & Travelodge Elko Portfolio
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