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This Hospitality Property is no longer advertised on LoopNet.ca.

805 Great Basin Blvd
Ely, NV 89301

Ramada Inn & Copper Queen Casino · Hospitality Property For Sale · 24,167 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype
Hotel
  • Hospitality Hotel
Building Class B
Lot Size 1.71 AC
Building Size 24,167 SF
No. Stories 3
Year Built/Renovated 1985/2018
Parking Ratio 6.21/1,000 SF
Corridor Interior

Amenities

  • Balcony
  • Fitness Center
  • Pool
  • Restaurant
  • Shuttle Service
  • Spa
  • On-Site Bar
  • On-Site Casino
  • Meeting Event Space

About 805 Great Basin Blvd , Ely, NV 89301

This 65 unit Ramada Inn is an opportunity to purchase a hotel and casino at an amazing 1.98x the gross revenue. The property is located 3.5 hours from both Las Vegas and Salt Lake City making this a great deal for an owner operator as well as an addition to a portfolio. Ely is a growing leisure market, attracting visitors from Northern California, Salt Lake City, and Las Vegas due to its mining history, recreational lure, easy access to national parks, and the old town feel of Renaissance Village. This property is priced to sell at $6,500,000, just less than twice the gross revenue for 2018 of $3,270,813. With numerous revenue sources and great NOI, this is not a deal to miss out on! For more information please sign CA here: https://na3.docusign.net/Member/PowerFormSigning.aspx?PowerFormId=828f9231-f24e-46c4-b45a-68c24ec0f16a&env=na3-eu1 In cooperation with Millenium Properties & Development Inc. (NV Lic# 26141)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
001-445-11
Land Assessment
$57,003
Improvements Assessment
$913,694
Total Assessment
$970,698

zoning

Zoning Code C
C
  • Listing ID: 16392173

  • Date on Market: 2019-06-19

  • Last Updated:

  • Address: 805 Great Basin Blvd, Ely, NV 89301

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