1130 M ST, Gering, NE 69341

Listing Agency: BPG Hotels

Listed By: Andrew Post · License #IL 471021750

Source: Crexi

Added: Oct 13 Changed: Nov 8 Last Checked: Nov 8 at 3:12PM

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Investment Insights

Based on property information with market context.

This Nebraska lodging portfolio comprises 115 units across two properties: Monument Inn & Suites, with 60 units, and Econo Lodge Scottsbluff, with 55. The offering combines two hotel assets in the same region.

The properties are described as being off U.S. Route 26 and Nebraska Highway 71. The portfolio is absentee-owned and carries an 11% cap rate.

Key Highlights

• 115 hotel units across two properties
• Monument Inn & Suites has 60 units
• Econo Lodge Scottsbluff has 55 units

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Hotels

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Hair Salon Law Firm Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

381

Businesses Nearby

Explore this area Business Placement

Demographics for 69341, NE

11,091

Population

4,648

Households

2.4

Avg Household Size

40

Median Age

27%

College-Educated

91%

High-School Grad

206.9 sq mi

ZIP Area

54

Density / Sq Mi

$70,142

Median Household Income

$40,497

Median Earnings

$815

Median Rent

$169,600

Median Home Value

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Frequently Asked Questions

What type of property is this?

Hotel - The offering combines Monument Inn & Suites with Econo Lodge Scottsbluff.

Where is this hotel located?

The property is located at 1130 M ST Gering, NE.

What is the asking price?

The asking price for this property is $5,500,000.

What are key features of this property?

This property features: 115 hotel units across two properties; Monument Inn & Suites has 60 units; Econo Lodge Scottsbluff has 55 units