north tonopah development llc 775-513-2600
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A 500 Acre Unique Development Opportunity with Current Cash Flow
North Tonopah Development LLC
North Tonopah Development LLC Disclaimer. We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction. Any information important to you should be verified through sources in which you feel confident. .
Investment OpportunityCommercial/Residential/Industrial
North Tonopah Development LLC Investment Opportunity
Commercial/Residential/Industrial
Price: 10 acre Housing Facility (148 rooms) $2,870,000 Office/Management Housing/Storage RV Park/Laundry-Showers(25 spaces) $155,000 Other Current Business $566,000 (Billboards, Wearhouse, mini storage)
Subtotal: $3,561,000
Remaining Acres 490 acres Average Price Per Remaining Acre of Land $5,500
Subtotal: $2,720,000
Total Development Price: $6,281,000
Property SummaryThe North Tonopah Development Property is a rare opportunity to develop commercial, residential and industrial land on Highway 95 on the North Side of Tonopah. Located in Esmeralda County, NV the development is the first private property along Highway 95 as you come into the town of Tonopah, which makes it an ideal fit for a Service Station, Fast Food and Hotel. The properties current housing facility has provided cash flow income with ROI returns as high as 20% in the year 2014.
Investment HighlightsCurrent cash flow of 7%-20% ROI on investment
depending on occupancy.
Prime highway location in business friendly Esmeralda County, NV.
Strong support for commercial projects from the USDA rural loan programs.
One of the only private pieces of land in Tonopah with the ability to offer numerous residential parcels larger than 1 acre.
Active mining and mineral investment around the immediate area even at current mineral prices. In 2015 there are two local projects in permitting that have invested millions in their developments.
500 Acre Parcel
North Tonopah Development LLC Investment Opportunity
Commercial/Residential/Industrial
North East Side of Highway 95 Proposed and Current Parceling Layouts
Proposed 5 AcreService Station
81 - Proposed 2.5 Acre ParcelsProposed Layout for
36 Parcel .5 - 2.5 Acre Subdivision
Future High Density Housing
Current 148 RoomHousing Facility/RV Park
Proposed 5 AcreHotel/Fast Food
North Tonopah Development LLC Investment Opportunity
Commercial/Residential/Industrial
Radar Road and Highway 95 Parceling and Development
Sold$89,000
Sold$89,000
Current Housing Facility
Prime Highway Location
Gas Station/Fast Food would be first services for 100 miles headed South on Highway 95
Hotel Site is prime location on highway. Easy access off highway with plenty of parking in a town that hasn’t had a new hotel for 25 years.
Fast Food in the area is very underserved due to prime locations being unavailable until now.
ServiceStation
Site
HotelSite
5.5 Acres
North Tonopah Development LLC Investment Opportunity
Commercial/Residential/Industrial
Housing Facility/RV ParkTonopah Housing Facility was constructed to provide workforce housing to the number of projects that work in and around Tonopah. 2013-2014 the facility housed predominately construction workers for the nearby solar project. As that project winds down in 2015 the majority of the customers now work at mines around the surrounding area.
The housing facility was build as an inexpensive alternative to hotels and unfurnished apartments. If the facility shows only a net income of $380,000 a year ($32,000 month) it provides a return on the total 5 million investment to 7%. This 10 acres development alone can provide a healthy Cap Rate while the remainder of the development is monatized.
North Tonopah Development LLC Investment Opportunity
Commercial/Residential/Industrial
Photos of Housing Facility2 & 3 Bedroom Units with Kitchen
Up to 148 Rooms Available
Room For Expansion if Necessary
Laundry/Showers
2 Bedroom SuiteLiving Room
Bedroom
Kitchen
Housing Unit
Management Office
North Tonopah Development LLC Investment Opportunity
Commercial/Residential/Industrial
Housing Facility and Land Purchase Cost Breakdown
6"Bedroom"Modular"Buildings 22 $38,000 $836,000Delivery"of"Units 22 $9,500 $209,000Set"Up"of"Units" 22 $9,000 $198,000Furnishing"Bedrooms 96 $575 $55,200In"Ground"Utilities 22 $7,000 $154,000Water/Sewer"Hook"Up"Fees 22 $1,600 $35,2002,100"sq."Foot"Management"Housing 1 $75,000.00 $75,000.00
Subtotal(for(22(Buildings $1,562,400
Main"Building"($45k/room) 1 $590,000 $590,000Group"Meeting"Building 1 $77,000 $77,000Delivery 1 $65,000 $65,000Furnishings 1 $9,600 $9,600Set"Up 1 $89,000 $89,000Fire"Alarm"&"Sprinkler"System 1 $38,000 $38,000In"Ground"Utilities 1 $34,000 $34,000Water/Sewer"Hook"Up"Fees 16 $1,600 $25,600
Subtotal(for(32(Bed(Facility $928,200
26(Space(RV(Park(and(Laundry/Shower(FacilityRV"Spaces" 26 $3,500.00 $91,000Laundry/Shower 1 $38,000.00 $38,000RV"Park"Office/Housing 1 $26,000.00 $26,000
Subtotal(for(RV(space $155,000
Acreage 10 $35,000 $350,000
Total(for(Entire(Housing(Facility $2,995,600
Six(Room(Housing(Units((16(separate(buildings)
32(Bed(16(Room(Housing(Unit(with(Group(Meeting(Building
Land(for(Facility
Breakdown(of(Value(for(148(Room(Housing(Facility/RV(Park
Average Land Price $5,550 Per Acre
Valuation$2,995,000$208,000$250,000$83,000$25,000
$3,561,000
Acres Price/Acre Value10.98 -$ -$2.39 -$ -$5.00 90,000$ 450,000$2.50 70,000$ 175,000$5.15 60,000$ 309,000$1.00 50,000$ 50,000$45.86 4,500$ 206,370$41.28 2,500$ 103,200$40.80 2,500$ 102,000$43.45 2,500$ 108,625$41.34 2,500$ 103,350$40.46 2,500$ 101,150$31.18 6,000$ 187,080$169.17 4,000$ 676,680$15.99 6,000$ 95,940$8.66 6,000$ 51,936$
2,720,331$
Business $3,561,000Land $2,720,331Total $6,281,331
JustoffcornerResidential(hasseweraccess)Industrial/CommercialIndustrial/Commercial/RanchIndustrial/Commercial/RanchIndustrial/Commercial/Ranch
1.0Acre(onRadarRd.)45.86Acre(westofRVPark)
Industrial/Commercial/RanchResidential(hasseweraccess)CommercialwithsewerResidential(hasseweraccess)Residential(hasseweraccess)
SubtotalforLandHoldings
TotalValuation
40.46Acre(largelotarea)31.18Acre(westofRVPark)169.17Acre(westofHwy95)15.99Acre(nearSierraVista)8.656Acre(southofRadarRd)
41.28Acre(largelotarea)40.80Acre(largelotarea)43.45Acre(largelotarea)41.34Acre(largelotarea)
SummaryValuations
CommentInBusinessValuation
5.00Acre(GasStationSite)2.50Acre(HotelSite)5.15Acre(CornerLot)
FuelStationLocationHotelLocationRestaurant/ShopsCornerLot
InBusinessValuation
CashIncomeBusinessesAsset
2.39Acre(nexttoRVpark)
12%CapRateon$360,000netearnings12%CapRateon$25,000netearnings12%CapRateon$30,000netearnings12%CapRateon$10,000netearningsMaintainedforon-goingbusiness
LandHoldings
CashinBank
SubtotalBusinessAssets
Asset
10.98Acre(Housing&RVPark)
Housing&RVParkBillboardBusiness
WarehouseBusinessSelfStorageBusiness
Comment