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    305 Us-183 Alma, NE 68920

    • Hospitality properties
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Hospitality properties

    Property Details for 305 Us-183

    Year built
    2007
    Property type
    Hospitality properties
    Property subtype
    Motels

    Description

    This exceptional 41-unit Super 8 hotel in Alma, Nebraska, presents a compelling investment opportunity. Built in 2007, this two-story, interior corridor property boasts a strong 4-star Google rating, reflecting its well-maintained condition. The hotel's prime location near Harlan County Lake attracts a steady stream of tourists seeking outdoor recreation, ensuring consistent occupancy. With a 2023 NOI of $351,510 and minimal planned improvements (PIP) expected for the new owner, this property offers significant potential for return on investment. The property benefits from limited to no market competition, making it an ideal owner-operator opportunity. The asking price is $2,000,000. This turnkey operation is situated at 305 US-183, Alma, NE 68920, and offers a rare chance to acquire a successful, established hospitality business in a desirable location. The property's strong brand recognition and consistent performance make it an attractive asset for discerning investors.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Alma
    County
    Harlan
    State
    Nebraska
    Longitude
    -99.37
    Latitude
    40.1004

    Comparable in this City

    • Value Estimation by Request
      7,272 SF

      210 Us-183

      Motels • 7,272 SF
      210 Us-183, Alma, NE 68920
      View Details
    • Value Estimation by Request

      41-unit, 2-story, interior corridor Super 8 by Wyndham – Alma, NE

      41-unit, 2-story, interior corridor Super 8 by Wyndham – Alma, NE
      305 U.S. 183 |, Alma, NE 68920
      View Details
    • Value Estimation by Request
      42,784 SF

      305 Hwy 183rd Also Fcl 2nd 3

      HOTEL • 42,784 SF
      305 Hwy 183rd Also Fcl 2nd 3, Alma, NE 68920
      View Details
    • Value Estimation
      $280,000
      6,456 SF

      210 Hwy 183

      HOTEL • 6,456 SF
      210 Hwy 183, Alma, NE 68920-2002
      View Details
    • Value Estimation by Request
      0.18 Acres

      Ac-2

      VACANT COMMERCIAL LAND • 0.18 Acres
      Ac-2, Alma, NE 68920
      View Details
    • Value Estimation by Request
      0.96 Acres

      Ac-2

      VACANT COMMERCIAL LAND • 0.96 Acres
      Ac-2, Alma, NE 68920
      View Details

    Similar Nearby for Sale

    • $495,000
      7,272 SF

      Alma Motel: Prime Investment

      25-Room Motel, Nebraska - Seller Financing!
      210 Us-183, Alma, NE 68920
      View Details
    • $500,000
      0.46 Acres

      Commercial Building Near Highway 183

      Commercially zoned building in Alma, Nebraska, near Highway 183.
      905 Kauk Ave, Alma, NE 68920
      View Details
    • $1,500,000
      161.00 Acres

      Productive Irrigated Farmland Opportunity

      161+/- acre irrigated farm near Ragan CPI grain facility.
      722 722 Rd, Alma, NE 68920
      View Details
    • $250,000
      0.07 Acres

      Historic Retail Building in Alma

      Historic building with retail space and storage near Harlan Reservoir.
      712 Main St, Alma, NE 68920
      View Details
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    305 Us-183
    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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
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