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Property profile & analytics
OFF-MARKET
Motels

1419 3rd St Alliance, NE 69301-3127

14,046 SF 0.92 ac lot Built 1981
Entity Owned 18-yr Hold Absentee Owner Free & Clear
Property ID
US57-0344389
Property summary
AI-generated overview

This 40-key hotel in Alliance, Nebraska presents a compelling investment opportunity. Located at 1419 W 3rd St, this property boasts 7,023 square feet on a 0.92-acre lot, with an asking price of $1,200,000 ($170.87/sq ft). Built in 1981 and recently renovated in 2023/2024, the hotel is zoned Z02 and enjoys a convenient location off Highway 385. The property features amenities including free Wi-Fi, a 24-hour front desk, free parking, and pet-friendly accommodations. Each of the 40 guest rooms includes a private bathroom with shower, free toiletries, a hairdryer, air conditioning, and a desk. Additional guest services include copy, print, and fax machines. The hotel's proximity to casual dining establishments further enhances its appeal. Wyndham approval for a Super 8 franchise is in place, offering up to $2400 per key in franchise money. This well-maintained hotel offers strong potential for immediate returns and future growth in a desirable location. The recent renovations ensure the property is in excellent condition and ready for immediate operation. This is an exceptional opportunity to acquire a profitable hospitality asset in a thriving market. The property's strong location and established amenities make it an attractive option for both seasoned investors and newcomers to the hospitality sector.

Property profile
Verified
Property type Motels
Use group MOTEL
Year built 1981
Total area 14,046 SF
Lot 0.92 ac (40,000 SF)
Zoning code 03-COMMERCIAL
APN 70045291
UPID US57-0344389
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Alliance Hospitality LLC · 18 yrs held
Alliance Hospitality LLC
since 2007
1 recorded transaction
2007
Price N/A
Zoning & alternative use
03-COMMERCIAL · Alliance, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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