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- LoopNet Team
201 Stagecoach Trl
Ogallala, NE 69153
Travel Hotel Ogallala · Hospitality Property For Sale
·
20,912 SF
INVESTMENT HIGHLIGHTS
- Two-Story, 100-Room, Exterior Corridor Hotel Recently Renovated in 2021
- Excellent Location Near Lake McConaughy, Downtown Ogallala, and Interstate 80
- YE 2022 RevPAR Index of 37% Presenting Significant Upside
- Priced Well-Below Replacement Cost at $25,000 Per Key
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1965/2021 |
| Building Class | C | Parking Ratio | 0.89/1,000 SF |
| Lot Size | 3.67 AC | Corridor | Exterior |
| Building Size | 20,912 SF | ||
| Zoning | 03-COMMERC - Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 3.67 AC |
| Building Size | 20,912 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1965/2021 |
| Parking Ratio | 0.89/1,000 SF |
| Corridor | Exterior |
| Zoning | 03-COMMERC - Commercial |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
- Hot Tub
ABOUT 201 STAGECOACH TRL , OGALLALA, NE 69153
The Hotel is comprised of three two-story buildings that were built in 1969 plus a detached four-bedroom, 2.5-bathroom, 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 on guest rooms, building exterior and lobby renovations through 2021. Common area amenities include an outdoor pool, business center, fitness center, guest laundry facilities, playground, and ample bus/truck parking.
PROPERTY TAXES
| Parcel Number | 047000700 | Improvements Assessment | $2,306,220 |
| Land Assessment | $108,400 | Total Assessment | $2,414,620 |
PROPERTY TAXES
