— For Sale —

Offering Price $2,250,000

Total Acres ± 3.14 AC

Price Per Acre $716,561

Zoning TC – Tourist Commercial

Property Information

This fully entitled, ±3.14-acre development site at 1096 Cobre Street, Wells, NV 89835 presents the opportunity to develop a 4-story, 103-key dual-brand hotel consisting of 73 La Quinta Inn & Suites and 30 Hawthorn Extended Stay keys under a secured Wyndham franchise agreement. Situated at the signalized hard-corner of US Highway 93 and Cobre Street where I-80 meets the highway connecting Canada to Phoenix, the Property offers exceptional visibility and access along one of northern Nevada’s most traveled highway corridors, with approximately ±9,950 vehicles passing daily. The proposed hotel will be the first dual-brand and extended-stay product ever delivered in the Wells market, with no directly competing product in the pipeline. The La Quinta Inn & Suites will serve transient and business travelers while the Hawthorn Extended Stay will offer suite configurations with full kitchens across 30 keys, together capturing both the short-term and long-term lodging demand driven by the region’s mining, railroad, distribution, and highway traveler base.

Contact

Brokerage

Cathy Jones,
CPA, SIOR, CCIM

Executive Vice President
Las Vegas
License BS.0056010
C 702.595.8765
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Brokerage

Mike Keating, SIOR

Partner
Reno
License S.174942
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O 775.433.1104
C 775.386.9727
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Brokerage

Michael Dorn

Vice President
Reno
License S.189635
O 775.433.1109
C 775.453.4436
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Brokerage

Kimberly Boyle

Associate
Las Vegas
License S.0204210
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O 702.954.4174
C 702.807.0186
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Brokerage

Paul Miachika

Executive Vice President
Las Vegas
License S.0184612
O 602.814.0661
C 602.670.6576
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Brokerage

Blaze Katz, CCIM

Senior Associate
Las Vegas
License S.0195070
C 702.690.0407
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Brokerage

Allyson Weber

Associate
Las Vegas
License S.0199573
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O 702.954.4183
C 702.278.8865
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