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    Wallace Trifecta-House Trailer Home Motel Wallace, NE 69169

    For Sale
    $360,000

    Multi-Unit (5+) - Wallace, NE

    Days on Market:
    43
    Last Refresh:
    Dec 13 at 6:06 am

    Property Features for Wallace Trifecta-House Trailer Home Motel

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Garage

    Building Details

    Architectural style
    Other

    Lashley Land and Recreational Brokers (308) 532-9300

    Listing agent Shane Mauch (308) 532-9300

    Listing date Nov 1, 2025

    MLS# 11599646 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Wallace Nebraska Investment Opportunity

    This investment opportunity in Wallace, Nebraska, includes a house, a trailer home, and a motel. The residential home at 415 N Commercial Ave features 1,528 sq. ft. with 3 bedrooms, 2 bathrooms, and 2 living areas. It also has a 2-car garage with a workshop and a covered patio. The trailer home at 218 N Garrison Ave is situated on a double lot and includes 2 bedrooms and 1 bathroom, a detached 2-car garage, and a new AC unit. The motel at 409 N Commercial Ave has 5 rooms and an office. Rooms 3, 4, and 5 each have 1 bed, 1 bath, and a kitchenette, renting for $600 per month. Room 6 has 2 beds and 1 bath, renting for $780 per month. Room 1 rents for $680 per month. The properties offer multiple revenue streams and are located in Wallace, NE. The legal description includes HARBERT 2ND REPLAT (OF HARBERTS REPLAT LOT 1) LOT 2 O.T. 16 & 17 6 HARBERTS REPLAT LOT 4 .52 A. Taxes are $2,204.26. The county is Lincoln.
    Location Intelligence

    Current Use by Public Records

    Motels

    Map

    City
    Wallace
    County
    Lincoln
    State
    Nebraska
    Longitude
    -101.165478
    Latitude
    40.842821

    FAQs

    What type of property is this?
    Motel - Three income-producing properties: house, trailer, and motel in Wallace, NE.
    Where is this motel located?
    The property is located at Wallace Trifecta-House Trailer Home Motel Wallace, NE.
    What is the asking price?
    The asking price for this property is $360,000.
    What are key features of this property?
    This property features: - Three income-producing properties (house, trailer, motel) offered as a package deal.; - Multiple revenue streams from residential, motel, and rental trailer.; - Motel with 5 rooms and an office offers consistent rental income potential.
    (308) 532-9300
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    Wallace Trifecta-House Trailer Home Motel Wallace, NE 69169
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Wallace Trifecta-House Trailer Home Motel Wallace, NE 69169
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