120 Cathy St Fremont, NE 68025
- Hospitality properties
Current Use by Public Records
- Hospitality properties
Property Details for 120 Cathy St
- Year built
- 1999
- Property type
- Hospitality properties
- Property subtype
- Hotels
Description
This three-story, 68-key Rodeway Inn, built in 1999 and renovated in 2019, presents a compelling investment opportunity in Fremont, Nebraska. Located at 120 Cathy St, Fremont, NE 68025, this single-building hotel boasts oversized rooms and business suites, all equipped with microwaves, mini-fridges, and coffee makers. The property features a new roof (2019), newer exterior paint (2020), and ample parking for trucks and buses. The hotel is entirely non-smoking. Fremont, a city of approximately 28,000 residents, offers a strong local economy driven by manufacturing, agriculture, food processing, healthcare, transportation, and education. Major employers include Valmont Industries, Wholestone Farms, and Lincoln Premium Poultry (COSTCO), along with Midland University (nearly 2,000 students, faculty, and staff) and Fremont Methodist Health Center (a regional hospital with over 1,000 employees). The hotel's proximity to Omaha (approximately 30 minutes to downtown and the new Eppley International Airport) provides additional market access. This absentee-owned property offers significant upside potential with the implementation of a focused marketing plan and operational improvements. The existing Rodeway Inn flag is available, along with other branding options. The asking price is $2,300,000.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fremont
- County
- Dodge
- State
- Nebraska
- Longitude
- -96.4951
- Latitude
- 41.4701
