Listing Agency: Century 21 Midlands

Listed By: Drew Zaruba · License #NE

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 12:51AM

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Investment Insights

Based on property information with market context.

This motel property combines 14 guest rooms with 9 apartments and a 1-car garage. The lodging inventory includes 5 king rooms and 9 double rooms. Apartment accommodations comprise 7 one-bedroom units, 1 studio, and a 3-bedroom, 2-bath owner’s apartment. Updates completed within the last 5 years include a new driveway apron, driveway work, guest furniture, linens, and beds.

The property is situated on Highway 281 beside Blue Hill Golf Course. Its combination of transient lodging, apartment units, and an owner’s residence creates a varied on-site configuration within one hospitality asset.

Key Highlights

• 14 motel rooms: 5 king rooms and 9 double rooms
• 9 apartments, including 7 one‑bedroom units, 1 studio, and 1 three‑bedroom, 2‑bath owner’s apartment
• 1‑car garage included

Property Analytics

Property Profile

Current Use

Motels

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Storage Facility Garden Center Carpet & Flooring Store 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

9

Residential units

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

52

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 68930, NE

1,217

Population

591

Households

2.1

Avg Household Size

44

Median Age

27%

College-Educated

95%

High-School Grad

140.2 sq mi

ZIP Area

9

Density / Sq Mi

$68,819

Median Household Income

$41,438

Median Earnings

$744

Median Rent

$194,700

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

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Frequently Asked Questions

What type of property is this?

Motel - Mixed hospitality and residential property with motel accommodations, apartments, and an on-site garage.

Where is this motel located?

The property is located at 515 N Willson Street Blue Hill, NE.

What are key features of this property?

This property features: 14 motel rooms: 5 king rooms and 9 double rooms; 9 apartments, including 7 one‑bedroom units, 1 studio, and 1 three‑bedroom, 2‑bath owner’s apartment; 1‑car garage included