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Hotel-Motel

Eureka Gold Country Inn and Jackson House Hotel

251 N Main St, Eureka, NV 89316

Listing Price: $7,500,000

Cap Rate
6.80%
Number of Rooms
60
RevPAR
$59
Gross SF
18,000
Price/Room
$125,000
Price/Gross SF
$416.67
Year Built
1877

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Eureka Gold Country Inn and Jackson House Hotel, located in Eureka, Nevada. A nine-room addition and four additional parcels are included in the offering. See Listing Agent for details. The Eureka Gold Country Inn is a 2-story, interior corridor property with 42 hotel rooms. The Jackson House Hotel is a 2-story, interior corridor property with 9 Victorian-themed rooms. Both hotels are located on U.S. Route 50, less than a mile f rom each other. Built in 1877, the Jackson House Hotel is a historic property that is one of the only original structures remaining in the area. The Jackson House Hotel was restored in 2000. The restoration was extensive, modernizing all aspects of the hotel while maintaining its period appearance and former glory. Amenities include a bar, restaurant and tea room located on the main level. Each guest room is adorned with fixtures and furnishings that were common when the hotel originally opened in the 1800s. The Eureka Gold Country Inn and Jackson House Hotel represent the opportunity to acquire two impeccably maintained independent hotels located in historic Eureka, Nevada. Our Pro Forma analysis assumes market recovery to pre-pandemic levels by year two, then continued modest growth supported by demand growth in the Greater Eureka region.

Investment Highlights

  • Two Independent Hotels with a 9-Room Addition and 4 Extra Parcels
  • Newly Remodeled, Impeccably Maintained Properties | No Deferred Maintenance
  • Conveniently Located Along U.S. Route 50
  • Minutes to Eureka Sentinel Museum, Eureka Opera House, Eureka County Fairgrounds and Richmond Mountain

Exclusively Listed By

Broker of Record

  • Justin Forman

    Regional Manager

    (702) 215-7150

    License(s) NV: B.1002463.CORP

    Nevada

Hotel-Motel

Eureka Gold Country Inn and Jackson House Hotel

Listing Price: $7,500,000

Cap Rate
6.80%
Number of Rooms
60
RevPAR
$59
Gross SF
18,000
Price/Room
$125,000
Price/Gross SF
$416.67
Year Built
1877

Investment Highlights

  • Two Independent Hotels with a 9-Room Addition and 4 Extra Parcels
  • Newly Remodeled, Impeccably Maintained Properties | No Deferred Maintenance
  • Conveniently Located Along U.S. Route 50
  • Minutes to Eureka Sentinel Museum, Eureka Opera House, Eureka County Fairgrounds and Richmond Mountain

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Eureka Gold Country Inn and Jackson House Hotel, located in Eureka, Nevada. A nine-room addition and four additional parcels are included in the offering. See Listing Agent for details. The Eureka Gold Country Inn is a 2-story, interior corridor property with 42 hotel rooms. The Jackson House Hotel is a 2-story, interior corridor property with 9 Victorian-themed rooms. Both hotels are located on U.S. Route 50, less than a mile f rom each other. Built in 1877, the Jackson House Hotel is a historic property that is one of the only original structures remaining in the area. The Jackson House Hotel was restored in 2000. The restoration was extensive, modernizing all aspects of the hotel while maintaining its period appearance and former glory. Amenities include a bar, restaurant and tea room located on the main level. Each guest room is adorned with fixtures and furnishings that were common when the hotel originally opened in the 1800s. The Eureka Gold Country Inn and Jackson House Hotel represent the opportunity to acquire two impeccably maintained independent hotels located in historic Eureka, Nevada. Our Pro Forma analysis assumes market recovery to pre-pandemic levels by year two, then continued modest growth supported by demand growth in the Greater Eureka region.

Exclusively Listed By

Broker of Record

  • Justin Forman

    Regional Manager

    (702) 215-7150

    License(s): NV: B.1002463.CORP

    Nevada

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