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Hotel-Motel

Rodeway Inn At Nevada State Capitol Carson City

1300 N Carson St, Carson City, NV 89701

Listing Price: $5,350,000

Cap Rate
8.30%
Number of Rooms
67
RevPAR
$41
Gross SF
20,620
Price/Room
$79,851
Price/Gross SF
$259.46
Year Built
1979

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Rodeway Inn Nevada State Capitol Carson City, a two-story limited service hotel conveniently located off of U.S. Route 395 in Carson City, Nevada. The hotel consists of 67 guest rooms and offers amenities including a heated outdoor pool, business center, complimentary breakfast and guest laundry facilities. Carson City is located 25 miles south of Reno and just 15 miles from Lake Tahoe, the largest alpine lake in North America. The Rodeway Inn Nevada State Capitol Carson City represents the opportunity to acquire a franchised hotel in a strong market near several demand drivers. Our Pro Forma analysis assumes continued modest RevPAR growth over the next several years supported by the increasing population and demand growth in the Carson City/Reno region.

Investment Highlights

  • Can Easily be Converted to a Quality Inn
  • Conveniently Located Off of U.S. Route 395 in Carson City, Nevada's State Capital
  • More Than 10 Casinos Within a 10-Minute Drive
  • 15 Miles to Lake Tahoe, the Largest Alpine Lake in North America (~15M Visitors Per Year)
  • 45-Minute Drive to Tahoe Reno Industrial Center, the World's Largest Industrial Park

Exclusively Listed By

Broker of Record

  • Cameron Glinton

    Regional Manager

    (702) 215-7100

    License(s) NV: B.1002894.CORP

    Nevada

Hotel-Motel

Rodeway Inn At Nevada State Capitol Carson City

Listing Price: $5,350,000

Cap Rate
8.30%
Number of Rooms
67
RevPAR
$41
Gross SF
20,620
Price/Room
$79,851
Price/Gross SF
$259.46
Year Built
1979

Investment Highlights

  • Can Easily be Converted to a Quality Inn
  • Conveniently Located Off of U.S. Route 395 in Carson City, Nevada's State Capital
  • More Than 10 Casinos Within a 10-Minute Drive
  • 15 Miles to Lake Tahoe, the Largest Alpine Lake in North America (~15M Visitors Per Year)
  • 45-Minute Drive to Tahoe Reno Industrial Center, the World's Largest Industrial Park

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Rodeway Inn Nevada State Capitol Carson City, a two-story limited service hotel conveniently located off of U.S. Route 395 in Carson City, Nevada. The hotel consists of 67 guest rooms and offers amenities including a heated outdoor pool, business center, complimentary breakfast and guest laundry facilities. Carson City is located 25 miles south of Reno and just 15 miles from Lake Tahoe, the largest alpine lake in North America. The Rodeway Inn Nevada State Capitol Carson City represents the opportunity to acquire a franchised hotel in a strong market near several demand drivers. Our Pro Forma analysis assumes continued modest RevPAR growth over the next several years supported by the increasing population and demand growth in the Carson City/Reno region.

Exclusively Listed By

Broker of Record

  • Cameron Glinton

    Regional Manager

    (702) 215-7100

    License(s): NV: B.1002894.CORP

    Nevada

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