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    210 Us-183 Alma, NE 68920

    Sponsored
    For Sale
    $495,000

    25-Room Motel, Nebraska - Seller Financing!

    Property size:
    7,272 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Exceptional investment opportunity: the Alma Motel, located at 210 US-183 in Alma, Nebraska, is now available. This well-established motel boasts 25 keys spread across two buildings, totaling 7,272 square feet on a 37,461 square foot lot. Built in 1959 and renovated in 2018, the property features a two-story main building with no basement, simplifying maintenance. The property includes an office and manager's quarters, ensuring efficient operation. The asking price is $495,000, representing $68.07 per square foot and $19,800 per bed. This represents a compelling opportunity for investors seeking a stable, income-generating asset in a desirable location. Seller financing is available with favorable rates, making this an even more attractive proposition. The motel's prime location in Alma, Nebraska (zip code 68920), offers significant potential for continued success. This turnkey operation is ready for its next chapter, presenting a rare chance to acquire a profitable business in a thriving market. Don't miss this chance to own a piece of Nebraska hospitality.

    Property Features for 210 Us-183

    General Information

    Property type
    Motels
    Square Feet
    7,272 SF

    Building Details

    Year Built/Renovated
    1959/2018
    Buildings
    2
    Stories
    2

    HighLights

    • $495,000 asking price for a 25‑room motel.
    • 7,272 square feet on a 37,461 square foot lot.
    • 25 keys, with a price per key of $19,800.
    • Built in 1959, renovated in 2018.
    • Two buildings, two stories, no basement.
    • Located at 210 US‑183, Alma, NE 68920.
    Property Profile Location Intelligence

    Current Use by Public Records

    Motels

    Map

    City
    Alma
    County
    Harlan
    State
    Nebraska
    Longitude
    -99.3696565
    Latitude
    40.0997841

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    FAQs

    What type of property is this?
    Motel - 25-Room Motel, Nebraska - Seller Financing!
    Where is this motel located?
    The property is located at 210 Us-183 Alma, NE.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: $495,000 asking price for a 25-room motel.; 7,272 square feet on a 37,461 square foot lot.; 25 keys, with a price per key of $19,800.
    Request Owner's contact information
    210 Us-183 Alma, NE 68920
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    Alma, NE 68920
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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

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    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
    210 Us-183 Alma, NE 68920
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