Border Inn and Casino -Updated
Income Producing Investement Property includes motel, gas station, RV park, restaurant, store.
Marketing description
The Border Inn property consists of 56.03 acres with approximately 29.59 acres on the Nevada side and 26.44 acres on the Utah side. Only approximately 3.65 acres have been developed. The undeveloped portion of the land has infrastructure in place to accommodate expansion of the Motel and/or the RV Park. The developed portion of the property includes approximately 25,000 sqft of commercial buildings, including a 29 unit hotel, a casino (unrestricted license), a grocery/gift shop, large café with special events banquet room, and a 25 Stall RV park with full hookups (both 30 and 50 amp service). The main building also includes a kid’s activity center, and a large meeting room that can be used for local activities, weddings, meetings and catered dinners or festivities. The property also includes a full Nevada State liquor license. The motel units include several with kitchenettes, single queen or two double beds, guest laundry and shower facilities (used by the RV Park quests and truckers), and free internet access. Property also includes a new electric vehicle charging station.
The property is located on US Hwy 50 & 6, on the Utah/Nevada border, and is just 10 minutes from Baker Nevada, home of the Great Basin National Park (includes Lehman Caves). See package for additional info.
Investment highlights
Property Summary: Combined Totals (see full package for detailed breakdown)
· Built from late 1960s through 2012
· 56.03 Acres - 3.65 developed
· 29 unit motel, Casino, Gas Station, 25 stall RV Park
· Motel includes: Single Queen Rooms with and without Kitchenettes, 2 Double Bed rooms with and without Kitchenettes, and some long term stay units with kitchenettes.
· Manager’s dwelling
· Guest Laundry Facilities
· Large Reception/Meeting rooms
· Full 88 seat Restaurant with County Liquor License
· Large meeting room adjacent to the cafe
· Casino and Bar area with approximately 38 Slot machines, (Unrestricted License) quarterly Fees of $60/mo and an annual State Tax fee of $250 per machine, plus 3.5% of total winnings.
· Activity Room with Pin-ball and electronic games, and 2 pool tables (on consignment House keeps 40%)
· Gas Station with 4 lanes (6 pumps, 2 Diesel & 4 Gas) – Phillips 66 (can be cancelled with 30 day notice)
· Tour Bus and Oversized Truck Parking area
· 4 Out buildings that include the water & fire sprinkler pump house, work shop, and two storage buildings
· There are also 5 mobile homes plus a couple oversized motel rooms as employee residences
· 2 water wells (Utah and Nevada) with in place infrastructure and fire suppressant systems
· Oversized septic system (15,000 gallon) with two large leach fields and additional connections for future building and/or RV park expansion
· Additional Land has oversized infrastructure (sewer/septic, electric) in place
· Also included in the sale are 2 billboards located in Ely and on Hwy 50 (Yesco signs paid monthly)
· The main signs out front of the property are also Yesco Signs on monthly maintenance contracts.
· 2 trucks and a tractor
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