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



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
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 | Building Size | 32,376 SF |
| Price Per Room | $62,963 | No. Rooms | 54 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built | 2017 |
| Property Subtype | Hotel | Parking Ratio | 1.39/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 0.97 AC | ||
| Zoning | C 03 | ||
| 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 | - |
1 1
Walk Score®
Very Walkable (75)
PROPERTY TAXES
| Parcel Number | 010071024 | Improvements Assessment | $4,885,043 |
| Land Assessment | $83,160 | Total Assessment | $4,968,203 |
PROPERTY TAXES
Parcel Number
010071024
Land Assessment
$83,160
Improvements Assessment
$4,885,043
Total Assessment
$4,968,203
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Cobblestone Hotel & Suites Gering | 960 M St
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