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Econo Lodge Alliance 1419 W 3rd St 39 Room Hotel Alliance, NE 69301 $900,000 ($23,077/Room) 10.53% Cap Rate
INVESTMENT HIGHLIGHTS
- Great location just off Highway 385.
- Pet-friendly, economical hotel with free Wi-Fi.
EXECUTIVE SUMMARY
The Value Stay Lodge located at 1419 W. 3rd Street represents a unique investment opportunity for an astute investor to acquire a 40-room independent hotel in a convenient central location in Alliance Nebraska. Situated just off Highway 385, this pet-friendly, economical hotel features free Wi-Fi, 24 hour front desk, and free parking. Each room is outfitted with a private bathroom with a shower, free toiletries and a hairdryer. Guest rooms at the hotel include air conditioning and a desk. Guests additionally benefit from the hotel’s copy, print, and fax machines, as well as its convenient proximity to casual restaurants.
DATA ROOM Click Here to Access
- Offering Memorandum
- Operating and Financials
PROPERTY FACTS Under Contract
| Price | $900,000 | Lot Size | 0.92 AC |
| Price Per Room | $23,077 | Building Size | 14,046 SF |
| Sale Type | Investment | No. Rooms | 39 |
| Cap Rate | 10.53% | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1981/2024 |
| Property Subtype | Hotel | Parking Ratio | 1.28/1,000 SF |
| Building Class | B | Corridor | Interior |
| Zoning | 03 - Commercial | ||
| Price | $900,000 |
| Price Per Room | $23,077 |
| Sale Type | Investment |
| Cap Rate | 10.53% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.92 AC |
| Building Size | 14,046 SF |
| No. Rooms | 39 |
| No. Stories | 2 |
| Year Built/Renovated | 1981/2024 |
| Parking Ratio | 1.28/1,000 SF |
| Corridor | Interior |
| Zoning | 03 - Commercial |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 39 | $80.00 | - |
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PROPERTY TAXES
| Parcel Number | 070045291 | Improvements Assessment | $303,376 |
| Land Assessment | $150,000 | Total Assessment | $453,376 |
PROPERTY TAXES
Parcel Number
070045291
Land Assessment
$150,000
Improvements Assessment
$303,376
Total Assessment
$453,376
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Econo Lodge Alliance | 1419 W 3rd St
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