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 Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Alma
- County
- Harlan
- State
- Nebraska
- Longitude
- -99.37
- Latitude
- 40.1004
