Located in Searchlight, NV 89046

APN# 243-35-310-097

Zoning: C-2

Built in 1942

Site Size: .51 acres

Building size: 4,818 SF

16 Rooms with Manager’s apartment/house, laundry/supply room, and tool shed

New AC/Heater Units and Furniture for each unit

Each Room has a microwave, refrigerator and TV

Full Kitchen in some Rooms

Queen, Double and Twin Beds

 

Offering Summary-  This property is currently bank owned, but still managed by on property agent manager to keep the permitted use intact.  The Bank will not consider financing this property and will accept all offers with a proof of funds or pre-approval letter from your lender.

 

There is 16 rooms currently in good condition, one room is not operational and is in need of new carpet (#4) along with replacement of new bulbs for monument signage.

 

Property Description:  The Kay Motel is located at the southeast corner of the intersection formed by U.S. 95 South Veterans Memorial Highway towards Laughlin/Needles and West Gaviland Street in Searchlight, Nevada behind the Terrible Herbst gas station.

 

Motel Details:

1. •16 rentable rooms plus one manager’s apartment
   

2. •15 rooms has two beds: rate is $35/day plus tax or $170 per week plus tax.
   

3. •One room has a separate bedroom with a full kitchen and living room
   

4. •All rooms have newly installed air conditioning combination units via a through-wall unit.
   

5. •All rooms have TV’s, refrigerators and microwaves.
   

 

 

Overview of Searchlight, Nevada:  This property is located 40 miles from Las Vegas and is the route to Laughlin, Nevada.  Searchlight offers gaming & casinos and is next to the Cottonwood Cove Marina where you there is fishing, boating, jet skiing and wind surfing at Lake Mohave. It also offers truck drivers to stop for lodging, food, and gas.