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618 Us-20 Valentine, NE 69201

Sponsored
For Sale
$1,500,000

Nebraska Hospitality Investment Opportunity

Property size:
15,537 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This 34-unit motel in Valentine, NE, offers a unique investment opportunity. Boasting 15,537 square feet on a 2.7-acre lot, this single-story property, built in 1962, features exterior corridors. Strategically located on Highways 70 and 135, it benefits from its position between I-90 and I-80, providing prime access for travelers. The property's 2023 revenue was $518,457, and it's priced at $1,500,000 ($96.54/sq ft and $44,118 per key). Its location in Valentine offers a thriving economy, affordable cost of living, and a welcoming community. The city is known for its natural beauty, including the Niobrara River and nearby national forests, providing ample outdoor recreation. Valentine also features locally-owned shops, restaurants, and a vibrant arts and culture scene. This property presents conversion opportunities for an owner-operator seeking a strong return on investment in a desirable location. The property is priced to sell at 2.89X Revenue. Further financial details are available upon request.

Property Features for 618 Us-20

General Information

Property type
Motels
Square Feet
15,537 SF
Lot Size
117,612 SF

Building Details

Year Built
1962
Stories
1

HighLights

  • 34‑unit multifamily property with exterior corridors.
  • 2023 Revenue: $518,457.
  • Offered at a 2.89x capitalization rate.
  • Value‑add potential through conversion opportunities.
  • Excellent owner‑operator opportunity.
Property Profile Location Intelligence

Current Use by Public Records

Motels

Map

City
Valentine
County
Cherry
State
Nebraska
Longitude
-100.55871190116
Latitude
42.868007094159

FAQs

What type of property is this?
Motel - Nebraska Hospitality Investment Opportunity
Where is this motel located?
The property is located at 618 Us-20 Valentine, NE.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 34-unit multifamily property with exterior corridors.; 2023 Revenue: $518,457.; Offered at a 2.89x capitalization rate.
More about this property
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