Vacation Motor Lodge

35 Room Hotel | Reno, NV 89501 | $3,300,000 ($94,286/Room) | 4.39% Cap Rate

Asking Price $3,300,000

Property Type: Hospitality
Square Feet: 9,660 SF

Listing Contacts

Gerrit Hillebrand

Verified Profile

Property Info

Property Overview

DCG is pleased to present 599 S Center St - Vacation Motor Lodge for sale.
Constructed in 1958, The Vacation Motor Lodge is a motel lodge in the heart of Reno’s Midtown District. The property spans 0.45 acres zoned for Mixed-Use, posing an opportunity for repositioning and redevelopment.
599 South Center Street features 35-rooms and currently boosts 94.3% occupancy. The motel is located a block away from Virginia Street, Reno’s bustling main thoroughfare. Additionally, this location features convenient access to the best of Midtown’s restaurants, retail shops, bars, and coffee shops.

Property Details

Class: C
Year Built: 1958
Stories: 2
Property Subtype: Hotel
Lot Size (sq. ft): 19,602 SF
Units: 35

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