201 Stagecoach Trl
Ogallala, NE 69153
Travel Hotel Ogallala · Hospitality Property For Sale · 20,912 SF

Property Overview: The Hotel is comprised of three two-story buildings that were built in 1969 plus a detached four-bedroom, 2.5 bathrooms single-family home that works perfectly as an owner or general manager’s living quarters. The current owner converted the Hotel from an independent hotel into a Travelodge by Wyndham in 2017, spending nearly $480,000 in guest room, building exterior and lobby renovations through 2021. Location Overview: The Hotel is located in the City of Ogallala, Keith County, Nebraska near the borders of Colorado, Wyoming, and Kansas. Well-positioned along Stagecoach Trail at the northeast corner of Highway 61 and Interstate 80 connector, the Hotel has excellent visibility from Interstate 80 and is the closest franchised hotel to downtown Ogallala and the Ogallala Community Hospital, a Top-100 critical access hospital in the country and one of Keith County's largest employers. Additional access is provided via the North Platte Regional Airport (one hour drive to the east), which has daily direct ?ights to and from Denver, Nashville, and Omaha. While the Hotel’s interstate location allows it to capitalize on demand from interstate travelers, nearby leisure demand drivers account for a majority of room demand. The most popular leisure destination is Lake McConaughy, a 30,500 square mile lake with approximately 105 miles of shoreline that’s located 9.5 miles to the north of the Hotel. A well-known hiking, ?shing, boating, and bird-watching destination for both in-state and out-of-state travelers, Lake McConaughy hosts between 1.8 million and 1.9 million visitors annually, making it the second-largest tourist attraction in Nebraska.