Updated over 9 years ago on .

LAKEFRONT MOTEL, APTS, CABINS ON HIGHWAY 95 SOUTH OF RENO, NEVADA
18-ACRES ON 8-PARCELS, 904 FEET OF LAKEFRONT, RESTAURANT AND BAR, 12-UNIT MOTEL, OWNER/MANAGER RESIDENCE, 8-A-FRAME CABINS, SIX-PLEX APARTMENTS, TRIPLEX APTS, RESIDENTIAL LOTS, BOAT & AUTO REPAIR SHOP, NEW WATER SYSTEM, NEW FIRE SUPPRESSION SYSTEM, LOCATED ON HIGHWAY 95, MAJOR RENO LAS VEGAS TRUCK ROUTE,90-MINUTES FROM SIERRAS & MAMMOTH MOUNTAIN SKIING. THE MOTEL AND APTS ARE MANAGED BY AN ON-SITE MANAGER. CURRENTLY $1500/MO NEGATIVE CASH FLOW. ASKING $595K OWNER FINANCING. WILL ALSO CONSIDER AN EXCHANGE. CLICK ON LINK. THE OWNER HAS ASKED ME TO MOVE THIS PROPERTY ASAP. I AM HIS PERSONAL ADVISOR. I'VE BEEN A CALIFORNIA LICENSED REAL ESTATE BROKER SINCE 1961 NEEDLESS TO SAY, I'VE DONE IT ALL. I'M SEMI RETIRED. STILL DO SOME PRIVATE MONEY FINANCING. THIS IS A UNIQUE OPPORTUNITY FOR SOMEONE WILLING TO PUT IN SOME SWEAT EQUITY & SOME CASH OR ASSETS FOR SOMETHING THAT HAS VAST POTENTIAL. YOU MAY ALSO CALL ME AT 310-903-3124
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