305 Us-183Alma, NE 68920

For Sale
$2,000,000

41-Unit Hotel, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 41-unit Super 8 hotel in Alma, Nebraska, presents a compelling investment opportunity. Built in 2007, this two-story, interior corridor property boasts a strong 4-star Google rating, reflecting its well-maintained condition. The hotel's prime location near Harlan County Lake attracts a steady stream of tourists seeking outdoor recreation, ensuring consistent occupancy. With a 2023 NOI of $351,510 and minimal planned improvements (PIP) expected for the new owner, this property offers significant potential for return on investment. The property benefits from limited to no market competition, making it an ideal owner-operator opportunity. The asking price is $2,000,000. This turnkey operation is situated at 305 US-183, Alma, NE 68920, and offers a rare chance to acquire a successful, established hospitality business in a desirable location. The property's strong brand recognition and consistent performance make it an attractive asset for discerning investors.

Highlights

  • 41-unit multifamily property.
  • Two-story building with interior corridors.
  • $351,510 Net Operating Income (NOI) in 2023.
  • Unique market position with limited competition.
  • Minimal property improvement plan (PIP) required.
  • Excellent condition, reflected in 4-star Google reviews.

Property Details for 305 Us-183

Property type
Other hospitality properties, Motels
Year Built
2007
Stories
2

Location Insight

City
Alma
County
Harlan
State
Nebraska
Latitude
40.100390371613
Longitude
-99.370009017302
305 Us-183, Alma, Nebraska

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305 Us-183
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