The Lincoln Motel Austin Nevada

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Asking Price:
$325,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This is a well maintained 17 unit motel located on a great tourist/travel route.Current owners have completed many improvements to include new paving, plumbing, electrical, painting etc. It is ready for a new owner that wants to get out of the bustle of a larger city and enjoy living in a small town with clean air, great history, and terrific outdoor recreation. Austin is situated at 6000 feet in the geographical center of Nevada and surrounded by Forest Service and BLM land. Located on the famous Lincoln Highway, also known as Highway 50 ( the loneliest highway in America) This is a small town with many buildings dating back to the 1860's that are listed on the National Register of Historic Places. It enjoys four distinct seasons, mountain biking, hiking , wildlife viewing, ghost towns, hot springs, off roading, hunting, fishing, and other recreational opportunities just off the highway and surrounding the lovely town.Although it has always welcomed coast to coast and international travelers because of its location on the famous highway, it is now being frequented and discovered by Reno/Carson City residents.( only 2.5 hours away) who want to get out of the city and into the country.

About the Business

Year Established:
1940
Number of Employees:
2
Facilities:
17 unit motel with 2 bedroom owner/manager/ office quarters , garage, tool shed and laundry area. Situated on 1.65 acres included in the price. Also includes a vacant commercial building next door.
Market Outlook/
Competition:
Great recreational area provides year round traffic on famous Highway 50.
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About the Sale

Reason For Selling:
Property is owned by a Las Vegas contractor who purchased the motel while he was
Training/Support:
Owner will have his management team train new owner
Seller Financing:
With 100,000 down owner will carry submit terms.

Listing Info

Keywords:
1) Located on Famous Highway 50 (Pony Express Trail) 2) Many recent improvements 3) 3 units are kitchenettes 4)Satellite TV 5) Owner/Manager 2 bedroom unit 6) Perfect for Mom/Pop or family business 7)Clean air, beautiful surroundings, small town 8)Could close in Winter for owners time off. 9) Includes vacant commercial building 10) Across the street from the world famous International Hotel Bar& Cafe. Call Ron O for details 702-804-1000.
ID:
1396635
Ad Detail Views:
5328

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Business Listed by

Ron Osterhoudt

RONO Commercial Real Estate LLC

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U.S. Census Data for Lander County, NV
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Lander County, NV
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Source: American Community Survey (2010-2014), United States Census Bureau.

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