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510 3rd Ave
Kearney, NE 68845
Western Inn-South Kearney · Hospitality Property For Sale
·
21,720 SF

PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 1 |
| Property Subtype | Hotel | Year Built/Renovated | 1975/2019 |
| Building Class | C | Parking Ratio | 3.13/1,000 SF |
| Lot Size | 1.71 AC | Corridor | Exterior |
| Building Size | 21,720 SF | ||
| Zoning | 03 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.71 AC |
| Building Size | 21,720 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1975/2019 |
| Parking Ratio | 3.13/1,000 SF |
| Corridor | Exterior |
| Zoning | 03 |
AMENITIES
- Fitness Center
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
ABOUT 510 3RD AVE , KEARNEY, NE 68845
EXECUTIVE SUMMARY Here is a chance to purchase a turn-key Motel Located in Kearney, NE, the capital city of the State of Nebraska. It has over 35,000 population, Capital for Sandhill Crane and every spring over half a million cranes (that's about 80% of the world's population of Sandhill Cranes) gather in Nebraska's Platte River Valley. The Kearney area offers a variety of crane viewing. This ground floor exterior corridor hotel has recently renovated all 42 rooms to provide better comfort to guests and employees. The renovation included new mattresses, New Carpet, New Painting, New Draperies, New Furniture, Flat screen TVs, New exterior vinyl siding, and much more. The large parking lot has multiple spaces for semi-trucks and trailers. The land has enough vacant ground included to double the size of the motel or build other commercial or retail expansions. This business run on average a 60% occupancy rate which is higher than average for motels. This hotel has an indoor pool and hot tub. Each guest room is equipped with modern style furniture, free Wi-Fi, a flat-screen cable TV, a microwave and refrigerator are included in every room. The motel is located in Kearney located on its busiest highway, Highway 80, within a 15-minute walk of Big Apple Fun Center. This hotel is 1.4 mi from Viaero Event Center and 4.2 mi from Platte River, within a 15-minute walk of Younes Conference Center South and Big Apple Fun Center. This hotel is 1.1 mi (1.7 km) from Viaero Event Center and 1.2 mi (1.9 km) from Platte River. The University of Nebraska Kearney is 3 miles away from this hotel. Meadowlark Hills Golf Course can be reached in 12 minutes’ drive. Contact an owner Bob @ 951-207-4296 for your tour of this profitable business.
PROPERTY TAXES
| Parcel Number | 600059000 | Improvements Assessment | $519,505 |
| Land Assessment | $664,065 | Total Assessment | $1,183,570 |
PROPERTY TAXES
Listing ID: 28008316
Date on Market: 3/18/2023
Last Updated:
Address: 510 3rd Ave, Kearney, NE 68845
