Investment Overview
200 Mill Street presents an opportunity to acquire a 42,351 SF hospitality asset configured with 125 units in Reno. Built in 1966, the five-story property offers substantial scale for investors seeking a select service hotel with an established physical presence and operational footprint.
The asset consists of a single building and is zoned MD-RD. Its size, unit count, and hospitality use position it as a compelling investment for buyers focused on lodging properties with meaningful room inventory. 200 Mill Street offers a straightforward value proposition centered on existing improvements, efficient vertical layout, and a recognized hospitality format suited for continued operation or strategic repositioning.
Investment Highlights
- 42,351 SF hospitality building
- 125-unit select service investment opportunity
- Single-building asset
- Five-story property
- Built in 1966
- Zoned MD-RD
- Hospitality property in Reno
- Existing hotel configuration
- Institutional-scale room count
- Established operating format
- Commercial hospitality asset
- Positioned for hospitality investors