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421 Rodeo Rd
North Platte, NE 69101
Cedar Lodge Motel · Hospitality Property For Sale
·
17,694 SF

Investment Highlights
- Excellent location
Property Facts
| Property Type | Hospitality | No. Stories | 1 |
| Property Subtype | Hotel | Year Built | 1939 |
| Building Class | C | Parking Ratio | 1.07/1,000 SF |
| Lot Size | 1.26 AC | Corridor | Exterior |
| Building Size | 17,694 SF | ||
| Zoning | Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.26 AC |
| Building Size | 17,694 SF |
| No. Stories | 1 |
| Year Built | 1939 |
| Parking Ratio | 1.07/1,000 SF |
| Corridor | Exterior |
| Zoning | Commercial |
Amenities
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
About 421 RODEO RD , NORTH PLATTE, NE 69101
The Cedar Lodge is a staple motel located on Rodeo Road in North Platte, NE. With its great location and property layout, this could be an investors dream. The office portion has a living area that could be made into more units or it could also be rented. Currently, most of the units are rented on a monthly basis, but there are some long term renters. The property has 3 gas furnaces that provide heat with individual thermostats in each room and central air A/C units. Currently, the property owner pays all utilities except cable TV. There are 31 units, and 6 studios with kitchenettes. There are approximately 500 sqft. per unit. Current rents are: $500 per month per unit/ $550 for an extra person or $600 per month per studio / $650 for an extra person. There are currently 7 vacancies. Profit/Loss information is available upon signing a non-disclosure agreement.
Links
Property Taxes
| Parcel Number | 0000010.00 | Improvements Assessment | $208,976 |
| Land Assessment | $82,300 | Total Assessment | $291,276 |
Property Taxes
Listing ID: 22487860
Date on Market: 3/16/2021
Last Updated:
Address: 421 Rodeo Rd, North Platte, NE 69101
The Hospitality Property at 421 Rodeo Rd, North Platte, NE 69101 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
