Hotels for sale in Nevada

  1. Holbrooke and National Exchange Hotels for Sale (The Union, June 13, 2024)
    • The National Exchange Hotel in Nevada City and the Holbrooke Hotel in Grass Valley are undergoing a “strategic recapitalization,” offering buyers a fee-simple interest in these historic properties. Both 19th-century hotels, built during the Gold Rush era, have been recently renovated and are listed for sale, though the asking price was not disclosed. The properties are managed by Acme Hospitality, and no operational interruptions are expected. The sale aims to ensure long-term sustainability as the current loan matures.
    • Source: www.theunion.com[](https://www.theunion.com/news/holbrooke-and-national-exchange-hotels-are-for-sale/article_f6431f94-2849-11ef-8c34-db03e3f9106d.html) (http://www.theunion.com[](https://www.theunion.com/news/holbrooke-and-national-exchange-hotels-are-for-sale/article_f6431f94-2849-11ef-8c34-db03e3f9106d.html))
  2. Eyesore for Sale … Again (Boulder City Review, November 17, 2023)
    • The Flamingo Inn Motel in Boulder City, a long-abandoned property on Nevada Way, was listed for sale again after a failed contract in 2023. Originally opened in 1950 as Moore’s Motel, it has been in disrepair since at least 2012. The property was previously purchased in 2021 at a probate auction by Daren and Donna Saunders, who intended to develop it but later decided to sell due to family obligations. Potential buyers, Martin and Delilah Mueller, expressed interest in restoring it as a boutique hotel but backed out due to renovation cost concerns.
    • Source: bouldercityreview.com
  3. Iconic Las Vegas Strip Resort Casino for Sale (The Street, June 20, 2025)
    • An X post by @TheStreet reported that an iconic Las Vegas Strip resort casino was put up for sale. While the specific property wasn’t named in the post, this reflects ongoing activity in the Las Vegas hospitality market, where large-scale properties occasionally hit the market. For detailed information, further research on the linked article would be needed.
    • Source: X post
  4. Nevada Bed and Breakfast for Sale (White Stone Brokers, March 15, 2023)
    • This article highlights opportunities to purchase boutique bed-and-breakfast properties in Nevada, particularly in high-tourism areas like Las Vegas and Reno. White Stone Brokers emphasizes the appeal of owning smaller, unique accommodations as an alternative to large hotels, catering to visitors seeking personalized experiences. The article doesn’t list specific properties but encourages contacting their team for current listings.
    • Source: whitestonebrokers.com

Additional Notes:

  • Commercial Real Estate Platforms: Websites like LoopNet (www.loopnet.com) (www.loopnet.com) and Crexi (www.crexi.com) (www.crexi.com) frequently list Nevada hotels for sale, including properties in Las Vegas, Reno, and smaller towns. For example, LoopNet reported 29 hotel listings in Nevada, with details like photos and floor plans available. Specific Las Vegas listings include properties ranging from $3.5 million to $18.1 million.
  • Condo Hotels: Articles from LasVegasRealEstate.org and Las Vegas Homes by Leslie highlight the growing trend of condo-hotel units for sale in Las Vegas, such as at MGM Signature, Palms Place, and Luna Di Lusso, with prices starting at $100,000 for smaller units.
  • Market Context: Las Vegas hotels are particularly attractive due to the city’s tourism-driven economy, with an average cap rate of 8.6% and a price per square foot of $276 USD. Boutique hotels and motels in smaller towns like Sparks (e.g., Victorian Inn) are also listed, offering unique investment opportunities.

How to Find More Articles:

  • Visit commercial real estate sites like LoopNet, CityFeet, or BizBuySell for updated listings and related articles.
  • Check local Nevada news outlets, such as The Union or Boulder City Review, for coverage of specific properties.
  • Contact real estate brokers specializing in hospitality, like White Stone Brokers or Las Vegas Homes by Leslie (702-321-1763), for off-market deals or unpublished listings.

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