618 Us-20 Valentine, NE 69201
- Hospitality properties
- 15,537 SF
- 2.70 lot acres
Current Use by Public Records
- Hospitality properties
Property Details for 618 Us-20
- Year built
- 1962
- Lot size
- 2.70 lot acres
- Property size
- 15,537 SF
- Property type
- Hospitality properties
- Property subtype
- Motels
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Valentine
- County
- Cherry
- State
- Nebraska
- Longitude
- -100.559
- Latitude
- 42.868
