664 Chase BlvdSidney, NE 69162

  • Other commercial real estate
  • 39,440 SF
For Sale
$2,550,000 View listing

Property Details for 664 Chase Blvd

Year built
1997
Construction
WOOD FRAME
Lot size
3.77 AC
Property size (Sq ft)
39,440 SF
Zone code
03-COMMERCIAL
Property type
Other commercial real estate
APN
170169928
APU
170169928

Description

Exceptional investment opportunity: a thriving 85-key Country Inn & Suites hotel in Sidney, Nebraska, is now available for $2,550,000. This well-maintained, two-story property boasts 53,540 square feet situated on a 4.86-acre lot. Built in 1997, the hotel enjoys a highly desirable I-80 location, capitalizing on significant traffic and tourism. The property features comfortable guest rooms equipped with modern amenities including complimentary Wi-Fi, flat-screen TVs, and plush bedding. Guests also have access to an indoor pool, fitness center, guest laundry, and a hot tub. Adding to its appeal is a leased restaurant/gaming lounge, attracting both hotel guests and local patrons. This contributes to a strong revenue stream and established clientele. The hotel's prime location provides easy access to local attractions and businesses, further enhancing its appeal and potential for growth. The Country Inn & Suites benefits from a solid reputation and loyal customer base, promising continued success. The asking price of $2,550,000 translates to $47.63 per square foot, representing a compelling investment opportunity in a growing market. This turnkey operation offers immediate income potential and significant upside for the discerning buyer. Don't miss this chance to acquire a well-established and profitable hospitality asset.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $8,473,272
    Hospitality
    $7,761,472
    Educational
    $6,457,453
    Medical
    $6,679,534
    Retail
    $10,044,927
664 Chase Blvd, Sidney, Nebraska
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Location Insight

City
Sidney
County
Cheyenne
State
Nebraska
Latitude
41.1109
Longitude
-102.951

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$78,429
$415,497
$3,052,802
$3,468,299
-
$415,497
$3,052,802
$3,468,299

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