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Cobblestone Hotel & Suites Gering 960 M St 54 Room Hotel Gering, NE 69341 $3,400,000 ($62,963/Room)

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INVESTMENT HIGHLIGHTS

  • Whirlpool Suites
  • Near Regional West Medical Center, the largest healthcare provider in western Nebraska
  • 5 miles from Scottsbluff, the largest city in the Nebraska Panhandle.
  • SELLER FINANCING AVAILABLE

EXECUTIVE SUMMARY

Recently price reduced, this Cobblestone Inn & Suites in Gering, Nebraska, is a well-maintained and inviting property, offering exceptional potential for a new owner. Conveniently situated near U.S. Highways 26 and 71, the hotel ensures easy accessibility for guests exploring western Nebraska’s natural beauty, historical landmarks, and thriving local businesses.
The property features 54 well-appointed guest rooms and a range of amenities, including a complimentary hot breakfast buffet, business center, guest laundry facilities, indoor pool, fitness center, and vending machines.
Located in the scenic Panhandle region of Nebraska, Gering is renowned for its breathtaking landscapes. Gering is under just 5 miles from Scottsbluff, the largest city in the Nebraska Panhandle.
Scottsbluff serves as a regional hub for healthcare, commerce, and tourism. The city is home to several notable attractions, including Scotts Bluff National Monument, which offers breathtaking panoramic views and a deep connection to the region’s historical significance along the Oregon Trail. Nearby, Chimney Rock National Historic Site stands as one of the most recognizable landmarks of westward expansion. Scottbluff is anchored by Regional West Medical Center, the largest healthcare provider in western Nebraska and a key employer.
Other major economic drivers include Western Nebraska Community College, which attracts students from across the state, and BNSF Railway, supporting regional transportation and logistics. The city also benefits from a strong retail sector, with Monument Mall and a variety of national and local retailers serving the community and surrounding areas.
SELLER FINANCING AVAILABLE: 15% down payment and a 6% interest rate for 6 years

PROPERTY FACTS Under Contract

Price $3,400,000
Price Per Room $62,963
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 0.97 AC
Building Size 32,376 SF
No. Rooms 54
No. Stories 3
Year Built 2017
Parking Ratio 1.39/1,000 SF
Corridor Interior
Zoning C 03

AMENITIES

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 14 $134.00 -
Guest Room 40 $116.00 -
Walk Score®
Very Walkable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
010071024
Land Assessment
$83,160
Improvements Assessment
$4,885,043
Total Assessment
$4,968,203
  • Listing ID: 35047648

  • Date on Market: 3/6/2025

  • Last Updated:

  • Address: 960 M St, Gering, NE 69341

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