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Super 8 Ogallala 500 E A St 90 Room Hotel Ogallala, NE 69153 $3,990,000 ($44,333/Room)
Investment Highlights
- Strategic location with direct access and visibility from Interstate 80
- Opportunity for operational upside and continued growth in a stable western Nebraska market
- Gateway location to Lake McConaughy and western Nebraska recreation markets
- Strong regional tourism appeal with limited market competition
Executive Summary
The Super 8 Ogallala presents a compelling investment opportunity in one of western Nebraska’s most strategic lodging markets, positioned directly along Interstate 80, one of the nation’s busiest east-west transportation corridors. Located in Ogallala, a community known as the “Gateway to Lake McConaughy,” the property benefits from a diverse demand base driven by tourism, outdoor recreation, regional travel, and year round interstate traffic.
Ogallala attracts visitors from across the Midwest and beyond with its close proximity to Lake McConaughy, Nebraska’s largest reservoir, offering boating, fishing, camping, beaches, and outdoor recreation that drive strong seasonal visitation. The market is further supported by hunters, outdoor enthusiasts, and travelers exploring western Nebraska and the greater Sandhills region.
The Super 8 flag provides a nationally recognized economy lodging option catering to leisure travelers, interstate guests, workforce demand, and budget-conscious visitors. Its location near I-80 provides exceptional visibility and accessibility, capturing transient demand while benefiting from limited competitive supply relative to larger metro markets.
Investment highlights include stable interstate-driven demand, exposure to one of Nebraska’s premier recreation destinations, and the opportunity to capitalize on continued tourism growth and regional travel patterns. The asset offers investors an opportunity to acquire a branded hospitality property in a market supported by both seasonal tourism and dependable year-round traffic.
Ogallala attracts visitors from across the Midwest and beyond with its close proximity to Lake McConaughy, Nebraska’s largest reservoir, offering boating, fishing, camping, beaches, and outdoor recreation that drive strong seasonal visitation. The market is further supported by hunters, outdoor enthusiasts, and travelers exploring western Nebraska and the greater Sandhills region.
The Super 8 flag provides a nationally recognized economy lodging option catering to leisure travelers, interstate guests, workforce demand, and budget-conscious visitors. Its location near I-80 provides exceptional visibility and accessibility, capturing transient demand while benefiting from limited competitive supply relative to larger metro markets.
Investment highlights include stable interstate-driven demand, exposure to one of Nebraska’s premier recreation destinations, and the opportunity to capitalize on continued tourism growth and regional travel patterns. The asset offers investors an opportunity to acquire a branded hospitality property in a market supported by both seasonal tourism and dependable year-round traffic.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $3,990,000 | Building Size | 36,562 SF |
| Price Per Room | $44,333 | No. Rooms | 90 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1983 |
| Property Subtype | Hotel | Parking Ratio | 2.46/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 1.70 AC | ||
| Zoning | 03 | ||
| Price | $3,990,000 |
| Price Per Room | $44,333 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.70 AC |
| Building Size | 36,562 SF |
| No. Rooms | 90 |
| No. Stories | 2 |
| Year Built | 1983 |
| Parking Ratio | 2.46/1,000 SF |
| Corridor | Interior |
| Zoning | 03 |
Amenities
- Business Center
- Fitness Center
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 90 | $65.00 | - |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 048000200 | Improvements Assessment | $2,917,280 |
| Land Assessment | $69,000 | Total Assessment | $2,986,280 |
Property Taxes
Parcel Number
048000200
Land Assessment
$69,000
Improvements Assessment
$2,917,280
Total Assessment
$2,986,280
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