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Operating Motel With Apartments
For Sale
$1,400,000

900 E 7th St, Wayne, NE 68787

Residential Income, Wayne, NE

Property SizeContact for details
Lot Size2.79 Acres
Days on Market283

Property Features for 900 E 7th St

General Information

Property type Residential Multi Family
Property subtype Other
Standard status Active
Lot size 2.79 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5511

Building Details

Floors in Building 1
Listing Agency: Don Miller Land Co., Inc.
Listed By: D. Christopher Miller
Added: Jan 21 Changed: Sep 11 Last Checked: Oct 31 at 5:06AM
MLS# 11636410

Copyright © 2026 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.

Rey
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Investment Insights

Based on property information with market context.

This operating motel in Wayne, Nebraska, includes 23 guest rooms and 6 on-site apartments within a hospitality-focused property. The rooms are described as well maintained, and the site includes ample parking for guests and residents.

The property occupies a 2.79-acre lot at 900 E 7th St and is situated off Highway 35. Its combination of motel accommodations and residential units provides distinct lodging and apartment components within one property.

Key Highlights

  • 23 guest rooms plus 6 on‑site apartments
  • 2.79+/- acre lot in Wayne, Nebraska
  • Located off Highway 35

Property Analytics

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

Current Use

Sports Club Motel Hotel & Motel

Suggested Use

Top Pick Real Estate Agency Law Firm Kitchen & Bath Showroom Electrical Service HVAC Service Building Supply

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

6
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

304
Businesses Nearby
Well-served
Demand for This Use

Demographics for 68787, NE

6,862
Population
2,668
Households
2.6
Avg Household Size
28
Median Age
33%
College-Educated
94%
High-School Grad
143.4 sq mi
ZIP Area
48
Density / Sq Mi
$59,184
Median Household Income
$18,536
Median Earnings
$705
Median Rent
$206,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Similar Off Market Nearby

  • City Auditorium — 220 N Pearl St, Wayne, NE 68787
  • Cobblestone Hotel - Wayne — 505 Tomar Dr, Wayne, NE 68787
  • K-D Inn Motel — 311 E 7th St, Wayne, NE 68787
  • Sports Club Motel — 900 E 7th St, Wayne, NE 68787
  • Super 8 by Wyndham Wayne — 610 Tomar Dr, Wayne, NE 68787

Frequently Asked Questions

What type of property is this?
Motel - Established lodging property with guest accommodations and on-site residential units.
Where is this motel located?
The property is located at 900 E 7th St Wayne, NE.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 23 guest rooms plus 6 on‑site apartments; 2.79+/- acre lot in Wayne, Nebraska; Located off Highway 35
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