500 E A St - Hospitality FOR SALE


Ogallala, NE 69153
$4,300,000 USD
661-332-4624
500 E A St, Ogallala, NE for Sale
$4,300,000 USD
Hospitality - FOR SALE
1/20
null | Request Cap Rate

500 E A St
Ogallala, NE 69153


OVERVIEW

The Super 8 in Ogallala, Nebraska offers an exciting investment opportunity with strong potential for future growth. Here's a breakdown of what makes this hotel stand out as an investment: Strategic Highway Location: Situated along Interstate 80, the hotel has exceptional visibility and accessibility, making it ideal for travelers passing through Nebraska. This prime location offering 90 rooms, including standard and family suites, ensures consistent customer flow and high occupancy rates. The hotel provides essential amenities such as a complimentary breakfast, gym, guest laundry facilities, and a pet-friendly policy, enhancing guest comfort and satisfaction. Ogallala is home to Nebraska's largest lake, offering opportunities for water sports, boating, and beach activities. Additionally, guests can enjoy a round of golf at West Wind Golf Course or explore the historic Old West graveyard and Front Street, enriching the area’s tourism appeal. The Super 8 in Ogallala offers an attractive investment opportunity with a prime location, growing market, and positive guest feedback. The combination of nearby tourist attractions, a high-traffic location on Interstate 80, and the upcoming developments like the casino resort and racetrack make this hotel a strong addition to any investment portfolio. With the potential for increased visitation and a strategic position in a historic town, this hotel is well-situated for continued growth and profitability.

FOR SALE DETAILS

PRICE

$4,300,000 USD

PRICE/SF

$118 USD /SF

# OF ROOMS

90

PRICE/ROOM

$47,778 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Super 8 Ogallala

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1983

PARKING SPACES

90

LAND DETAILS

LAND ACRES

1.7 AC

LAND SF

73,978 SF

ZONING

03

APN/PARCEL ID

048000200

ASK ABOUT THIS PROPERTY

Carolyn FaulknerApex Commercial - KW South Valley Keller WilliamsMore Info
661-332-4624

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Carolyn FaulknerApex Commercial - KW South Valley Keller WilliamsMore Info
661-332-4624

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