TURN-KEY HOTELWITH RETAIL INVIRGINIA CITY160 SOUTH C STREETVIRGINIA CITY, NV 89440

Amanda EastwickSenior Advisor775.825.3330 x115aeastwick@svn.comNV #S.0069840

Heather CollinsAssociate Advisor775.624.8977heather.collins@svn.comNV #S.0184335

SVN | GOLD DUST COMMERCIAL ASSOCIATES | 325 W. LIBERTY STREET, RENO, NV 89501 OFFERING MEMORANDUM

TAHOE HOUSE HOTEL | 160 SOUTH C STREET VIRGINIA CITY, NV 89440 SVN | Gold Dust Commercial Associates | Page 2The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.

PROPERTY DESCRIPTION

SVN is pleased to offer this retail/hotel historical building located in Virginia CIty. Thebottom floor is 100% leased to various retail tenants, and the second floor isrenovated into ±16 plus spacious accommodations with modern amenities withprivate bathrooms. This historical piece is a staple property within the Virginia Cityarea. This property is full of history, as it has hosted many colorful characters in itshistorical past.

PROPERTY HIGHLIGHTS

• -Fully operating renovated hotel

• -100% leased bottom floor for retail tenants

• -Located in the heart of Virginia City

• -Wedding / event venue

• -Fully restored historical building

OFFERING SUMMARY

Sale Price: $2,950,000

Number of Units: 6

Building Size: 13,750 SF

Price PSF $215

DEMOGRAPHICS 75 MILES 100 MILES 350 MILES

Total Households 356,747 456,458 7,998,498

Total Population 920,686 1,166,556 22,887,473

Average HH Income $70,860 $73,234 $87,505

Property Summary

1 TAHOE HOUSEHOTEL

160 South C StreetVirginia City, NV 89440

TAHOE HOUSE HOTEL | 160 SOUTH C STREET VIRGINIA CITY, NV 89440 SVN | Gold Dust Commercial Associates | Page 3

TAHOE HOUSE HOTEL | 160 SOUTH C STREET VIRGINIA CITY, NV 89440 SVN | Gold Dust Commercial Associates | Page 4 The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.

Tahoe House Hotel

LAKE TAHOE

Reno/Sparks 26 Miles

Fernley 40 Miles

32 Miles

Carson City 15 Miles

Dayton 10.7 Miles

Virginia City

“Restored historic site once frequented by writer Mark Twain. No detail has been overlooked in this beautiful, historic building.” The Tahoe House Hotel has been lovingly restored to its original 19th century splendor. Built in 1859, in the heart of bustling Virginia City, the Hotel served as a kind of oasis for visitors - including a young Sam Clemens before he became Mark Twain.The hotel features 14 rooms, a Carriage House suite, and a Garden Room. There is a Great Room with a high ceiling and a wonderful pot-belly stove where you can relax, have a drink, and visit with people from all corners of the world. This is the perfect place for weddings, parties, family reunions, seminars and business meetings. Each room in the hotel has its own bathroom and a luxurious antique bed with a wonderfully comfortable mattress. www.tahoehousehotel.com

TAHOE HOUSE HOTEL HISTORY

TAHOE HOUSE HOTEL | 160 SOUTH C STREET VIRGINIA CITY, NV 89440 SVN | Gold Dust Commercial Associates | Page 5 The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.

Tahoe House Hotel

Lobby Tahoe House Hotel Foyer

Lobby Visable street signage

Bottom floor retail

guest house

event / venue spaceOffice Corridor

outside space

Click Here For Video Tour

2 FINANCIALANALYSIS

160 South C StreetVirginia City, NV 89440

TAHOE HOUSE HOTEL | 160 SOUTH C STREET VIRGINIA CITY, NV 89440 SVN | Gold Dust Commercial Associates | Page 6

TAHOE HOUSE HOTEL | 160 SOUTH C STREET VIRGINIA CITY, NV 89440 SVN | Gold Dust Commercial Associates | Page 7 The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.

Financial Summary

LANDLORD INCOME YEAR 2018

Gross Scheduled Income $124,200

Vacancy Cost 0% $0

Gross Income $124,200

EXPENSES

Real Estate Taxes $6,081.31

Insurance $7,897.43

Repairs and Maintenance $3,171.16

Total Expenses $17,150

Net Operating Income $107,050

NSDC - SBA LOAN ANALYSIS To be verified by buyer*

HOTEL OWNER/USER MUST OCCUPY 51% OF BUILDING

Price $2,950,000

Down Payment or 15% $442,500

Loan Fees $29,983

Loan Amounts $2,507,500

Interest Rate Estimate $5.00% & 3.9%

APPROX. MONTHLY PAYMENT $14,175

STATEWIDE CDCLOAN ANALYSIS To be verified by buyer*

HOTEL OWNER/USER MUST OCCUPY 51% OF BUILDING

Price $2,950,000

Down Payment or 15% $442,500

Loan Fees $15,875

Loan Amounts $2,507,500

Interest Rate Estimate $5.00% & 3.46%

Approximate Montly Payment $13,897

APPROX. MONTHLY RENT $13,897

YEARLY BENEFIT OF OWNING $21,784

Nevada State Development Corporation (NSDC) Sandy Gordon, VP Business Development Direct Line: 775-770-1202 | sgordon@nsdc.com

Statewide CDC Brian Wallace, MBA - Senior Loan Officer Direct Line: 775-745-9732 | brian@stateweidecdc.com

*To be verified by buyer

For Income and Expense Summary on the TAHOE HOUSE HOTEL Please contact listing agents for ownership introductionAmanda Eastwick Senior Advisor 775.825.3330 x115 aeastwick@svn.com NV #S.0069840

Heather Collins Associate Advisor 775.624.8977 heather.collins@svn.com NV #S.0184335

TAHOE HOUSE HOTEL | 160 SOUTH C STREET VIRGINIA CITY, NV 89440 SVN | Gold Dust Commercial Associates | Page 8The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.

TENANTNAME

UNITNUMBER

UNITSIZE (SF)

LEASESTART

LEASEEND

ANNUALRENT

% OFGLA

PRICEPER SF/YR

Tahoe House Hotel 1 7,000 1/1/09 Owner/User $35,700 50.91 $5.10

Rainbow Wooden Art 2 1,250 1/1/2000 YTY $15,300 9.09 $12.24

Kashmir American Enterprises 3 1,400 1/1/15 YTY $17,400 10.18 $12.43

White Daisy Designs 4 1,500 1/1/16 YTY $18,600 10.91 $12.40

Finders Keepers Mini-Mall 5 1,800 1/1/116 YTY $22,200 13.09 $12.33

White Buffalo 6 800 11/1/18 YTY $15,000 5.82 $18.75

Totals/Averages 13,750 $124,200 $9.03

Rent Roll

Tourism

History

Why Virginia City?

Arts

Culture

TAHOE HOUSE HOTEL | 160 SOUTH C STREET VIRGINIA CITY, NV 89440 SVN | Gold Dust Commercial Associates | Page 10 The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.

Virginia City

Nestiled in the mountains 26 miles southeast of Reno, Nevada sits the quaint town of Virginia City - home to Victorian buildings built during a 19th-century mining boom including the reportedly haunted Washoe Club and stately Piper’s Opera House. Collections at The Way It Was Museum feature mining artifacts and maps. Fourth Ward School Museum has an 1876 classroom and history displays. Silver ore and rock drills are among the exhibits at Chollar Mine.

At its peak, Virginia City was a thriving, vibrant metropolis of 25,000 citizens. Silver and gold was buried deep beneath her streets and men and women traveled from around the world to live and work. Miners pulled millions of dollars from shafts and tunnels 3,000 feet beneath the city. The spirits of those Comstock “originals” still inhabit the places where they once worked, lived, worshiped, were educated, and died. Today, visitors to Virginia City can walk with these past residents in the shadow of Sun Mountain. Don’t forget to pack your passion and imagination for your step back in time. http://www.visitvirginiacitynv.com

TAHOE HOUSE HOTEL | 160 SOUTH C STREET VIRGINIA CITY, NV 89440 SVN | Gold Dust Commercial Associates | Page 11 The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.

Virginia City

39 9 Holiday ParadesAnnual Events FEBRUARY 9th 6th annual The Devil Made Me Do It Saloon Crawl23rd 5th annual Father-Daughter Day & Dance

MARCH 16th 28th annual Rocky Mountain Oyster Fry & Ball Breaker Saloon Crawl 20th-23rd 41st annual International Collegiate Mining Games

APRIL 27th-28th 48th annual Virginia City Grand Prix

MAY 18th-19th 36th annual Chili on the Comstock 18th Fireball Saloon Crawl 19th Fun with the Runs 5K 25th V&T Steam Train Kick-Off25th-26th Doc’s Real Cowboy Wild West Fest

JUNE 1st 15th annual Reno-Tahoe & Comstock Odyssey Relay1st-2nd Street Vibrations Spring Rally15th Inaugural Women with Wheelz Car Show

JULY 4th Free Comstock Cowboys Second Amendment Concert & 4th of July Fireworks Spectacular20th 7th annual Comstock Classic Car Show

AUGUST 2nd-3rd 33rd annual Hot August Nights Kick-off & Cruise 8th Hot August Nights Poker Run 24th-25th 4th annual Virginia City Rodeo & Fiesta Del Charro31st Civil War Days & Battle Train 31st Rock Drilling Contest

SEPTEMBER 1st-2nd Civil War Days & Battle Train 2nd Labor Day Parade 6th-8th 60th International Camel & Ostrich Races

6th Hot Camel Nights 7th Camel Hump & Ostrich Races and Camel Hump to C Street8th Dolan Auto Group Family Day

14th 52nd annual 100 Mile Endurance Horse Race 21st-22nd Hill Climb 27th-29th Street Vibrations Fall Rally

OCTOBER HAUNTOBER ALL MONTH

Month-long events include ghost tours, haunted houses, cemetery tours, Voices of the Past and many more.

5th-6th 30th annual World Championship Outhouse Races19th-20st Day Out with Thomas on the V&T Railroad25th-27th Day Out with Thomas on the V&T Railroad26th Nevada Statehood Ball

NOVEMBER 29th-30th Candy Cane Express

DECEMBER CHRISTMAS ON THE COMSTOCK ALL MONTH

1st V&T Candy Cane Express6th Official Tree Lighting The Comstock Christmas Carol 7th The Grinch Made Me Do It Saloon Crawl7th Comstock Cowboys Christmas in the Sierra Concert 7th-8th Christmas Bonanza V&T Candy Cane Express 8th The Comstock Christmas Carol 13th The Comstock Christmas Carol 14th-15th Christmas Bonanza V&T Candy Cane Express15th The Comstock Christmas Carol

Event Schedule

ParadesMarch 16th St. Patrick’s Day ParadeApril 20th Easter Bonnet & Pet Parade May 25th Celebration of Heroes ParadeJuly 4th 4th of July Parade August 24th Cattle DriveSeptember 2nd Labor Day ParadeOctober 31st Goblin Halloween ParadeNovember 11th Veterans Day ParadeDecember 14th Parade of LightsAll events are subject to change.

TAHOE HOUSE HOTEL | 160 SOUTH C STREET VIRGINIA CITY, NV 89440 SVN | Gold Dust Commercial Associates | Page 12 The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.

Why Nevada?

» Strategic location – central among

the 11 western states

» Room for new and expanding

companies – over 72 million square

feet of industrial space

» Diverse labor market

» Wide range of financial resources

» Entrepreneurial services and support

OPERATING ADVANTAGE

» Affordable living costs

» Emerging new downtown

» Strong sense of community

» Four vibrant seasons

» Endless recreation opportunities

» Burgeoning arts and culture lifestyle

» A balanced life pace

QUALITY OF LIFE ADVANTAGE

Why Northern Nevada?

» NO unitary tax

» NO inventory tax

» NO inheritance tax

» NO estate tax

» NO corporate

income tax

» NO personal

income tax

» NO franchise tax

TAX ADVANTAGE

What’s your reason for doing business in Greater Reno-Sparks-Tahoe? Greater Reno-Sparks-Tahoe is the perfect package. A business friendly and tax friendly environment is hard to find, but add strategic operating benefits as well as unmatched quality of life, and the answer is clear.

THE NEW NORTHERN NEVADA

» 100 companies have relocated here in the last 3 years

» Home to Tesla's new gigafactory, Switch, Apple,

E-Bay, Rackspace, Amazon, Zulily, Jet.com, Cimpress,

Alltrade Tools, Micorsoft, Intuit, Sierra Nevada Corp

and many more.

» Affordable large scale real estate and water available

» Large industrial space

» Cost of living is .9% lower than national average

» Ranked #3 in most business friendly tax climate

» Average commute 22 minutes

» Ranked #9 in top 100 best places to live