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$200K 1st TRUST DEED
FOR SALE
The Rocket Motel
on the main street of downtown
Hawthorne, Nevada |
The Rocket Motel
$200,000.00 First Trust Deed for Sale
12% Interest Only Monthly Payments at $2,000.00
Motel Close to Major Downtown Casino
STATE OF NEVADA HAS NO USURY LAWS
THIS IS A PRINCIPAL TO PRINCIPAL TRANSACTION
Address: 694 E Street
Hawthorne, Nevada 89415
Jurisdiction: City of Hawthorne,
Mineral County, Nevada
Property Value: $499,000.00
(Four Hundred, Ninety Nine Thousand)
Loan to Value: 40% (Fifty Percent)
Surplus Equity: $299,000.00
Lot Size: .75 Acre (32,670 Square Feet)
Building Size: 8000 Square Foot
Units: 15 includes one managers quarters
Property Description:
This property consists of two parcels. It entails an "L" shaped 14-room motel plus an attached 2-bedroom managers apartment. The building is constructed of concrete block/brick.
There are 6 kitchenettes with full kitchen appliances and 8 single rooms with full baths. Commercial laundry room. Large electrical signage, ample off street parking, new roof and excellent reputation/location. Property is currently under renovation.
Location Description:
Property is located on "E" street in the center of the town of Hawthorne, Nevada, right on the main corridor as you enter the town. Hawthorne is situated approximately 100 south of Reno, on Highway 95, north of Las Vegas.
Contact:
Terrance "Dez" Dzvonick
Phone: (951) 283-0557
Email: Ten4LasVegas@yahoo.com
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Copyright 2006 Lynda Delgado - Delgado Designs. P.O. Box 71287, Las Vegas, NV 89170. All rights Reserved. |
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