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Imperial Inn – 35-Room Hotel | Imperial, NE 748 E 12th St 35 Room Hotel Imperial, NE 69033 $875,000 ($25,000/Room) 10.24% Cap Rate
INVESTMENT HIGHLIGHTS
- Value-Add Opportunity – 35-room independent hotel with in-place cash flow and upside through management, marketing, and property improvements.
- High Traffic Exposure – Positioned along U.S. Highway 6 & Nebraska Highway 61, with over 5,000 vehicles/day.
- Growth Catalyst – Benefits from the new $100M Lake Mac Casino Resort in Ogallala temporary casino 2025; full resort, hotel & conference center 2027–28
- Strong 2024 Performance – $416K gross revenue with adjusted NOI ~$90K; stabilized operations.
- Regional Demand Drivers – Near Chase County Hospital, Imperial Country Club, Enders Reservoir, and regional agricultural/business travel.
- Accessible to Major Metros – Within driving distance to Denver (3.5 hrs), Omaha (5 hrs), and North Platte (2 hrs).
EXECUTIVE SUMMARY
This 35-room, two-story hotel in Imperial, Nebraska, offers a strong blend of established performance and future potential. Built in 2000 on 6.57 acres, it features a climate-controlled lobby, 2,000 sqft banquet hall with bar and kitchen, breakfast area, guest laundry, and extensive parking with truck/RV hookups. Outdoor amenities include heated dog kennels, a game cleaning station, and full security camera coverage.
Recent updates in 2022–2023—new roof, windows, hot water heaters, and PTAC units—enhance long-term efficiency. Strategically located at the intersection of U.S. Highway 6 and Nebraska Highway 61, the hotel benefits from direct access to major transportation routes with over 5,300 vehicles per day passing through town. The property sits just 50 miles south of Ogallala and Interstate 80, providing convenient links to Denver, Omaha, and regional destinations. Notably, Ogallala is home to the new $100M Lake Mac Casino Resort, which opened its temporary casino in 2025 and will expand into a full-scale casino, racetrack, hotel, and conference center by 2027–2028—bringing a surge of tourism and regional economic activity.
Local attractions such as Chase County Community Hospital, Imperial Country Club Golf Course, and Enders Reservoir further support steady year-round demand. With stabilized operations, consistent revenue growth, and ample land for expansion, this property represents a well-positioned investment opportunity with both reliable income and strong upside potential.
Recent updates in 2022–2023—new roof, windows, hot water heaters, and PTAC units—enhance long-term efficiency. Strategically located at the intersection of U.S. Highway 6 and Nebraska Highway 61, the hotel benefits from direct access to major transportation routes with over 5,300 vehicles per day passing through town. The property sits just 50 miles south of Ogallala and Interstate 80, providing convenient links to Denver, Omaha, and regional destinations. Notably, Ogallala is home to the new $100M Lake Mac Casino Resort, which opened its temporary casino in 2025 and will expand into a full-scale casino, racetrack, hotel, and conference center by 2027–2028—bringing a surge of tourism and regional economic activity.
Local attractions such as Chase County Community Hospital, Imperial Country Club Golf Course, and Enders Reservoir further support steady year-round demand. With stabilized operations, consistent revenue growth, and ample land for expansion, this property represents a well-positioned investment opportunity with both reliable income and strong upside potential.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$416,049
|
$29.26
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$416,049
|
$29.26
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$326,489
|
$22.96
|
| Net Operating Income |
$89,560
|
$6.30
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $416,049 |
| Annual Per SF | $29.26 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $416,049 |
| Annual Per SF | $29.26 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $326,489 |
| Annual Per SF | $22.96 |
| Net Operating Income | |
|---|---|
| Annual | $89,560 |
| Annual Per SF | $6.30 |
PROPERTY FACTS
| Price | $875,000 | Lot Size | 6.57 AC |
| Price Per Room | $25,000 | Building Size | 14,218 SF |
| Sale Type | Investment | No. Rooms | 35 |
| Cap Rate | 10.24% | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 2000 |
| Property Subtype | Hotel | Parking Ratio | 3.52/1,000 SF |
| Building Class | C | Corridor | Interior |
| Zoning | Z03 | ||
| Price | $875,000 |
| Price Per Room | $25,000 |
| Sale Type | Investment |
| Cap Rate | 10.24% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 6.57 AC |
| Building Size | 14,218 SF |
| No. Rooms | 35 |
| No. Stories | 2 |
| Year Built | 2000 |
| Parking Ratio | 3.52/1,000 SF |
| Corridor | Interior |
| Zoning | Z03 |
AMENITIES
- Wheelchair Accessible
- Meeting Event Space
- Smoke Detector
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 35 | $56.00 | - |
1 1
PROPERTY TAXES
| Parcel Number | 150104529 | Improvements Assessment | $1,105,598 (2023) |
| Land Assessment | $87,156 (2023) | Total Assessment | $1,192,754 (2023) |
PROPERTY TAXES
Parcel Number
150104529
Land Assessment
$87,156 (2023)
Improvements Assessment
$1,105,598 (2023)
Total Assessment
$1,192,754 (2023)
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Imperial Inn – 35-Room Hotel | Imperial, NE | 748 E 12th St
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