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1500 Avenue G
Ely, NV 77414
Asking Price
$3.50M
Asset Type
Special-purpose
Class
Class B
What's Special
Special Purpose | 29,434 SqFt <ul><li>Generous Space: A massive 29,434 sq. ft. building suitable for various large-scale operations.</li><li>Large Lot: 3.15 acres providing ample room for expansion, outdoor amenities, or parking.</li><li>Established Infrastructure: Includes essential utility connections and accessibility features like wheelchair-accessible entrances and parking.</li><li>Functional Layout: The interior previously supported a 97-resident nursing facility, complete with common areas, an activity center, and
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NOI
$80,000
Cap Rate
2.29%
DSCR
0.38
Underwater
Cash-on-Cash
-12.17%
Monthly Payment
$17,316.09
Annual Cash Flow
$-127,793.084