Commercial Property For Sale

Hospitality for Sale
Sale Pending/Contingent
Catylist Listing ID: 30627219
Property Subtypes: Motel
Status: Pending/Contingent
Number of Units: 35 Units
Building Size (RSF): 16,456 SF
Gross Land Area: 30,000 - 35,000 SF
Sale Price: $1,700,000
Unit Price: $48,571.43 Per Unit
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/21/2020

Overview / Comments

Total of 35 rooms, 30 are kitchenette extended stay type. Studio Apartment set up. plus 2 bedrooms living quarters. Two separate buildings. Total of 40 parking stalls

Additional Details

Nearest MSA: Omaha-Council Bluffs
County: Sarpy
Taxing Authority: Sarpy County
Tax ID/APN: 010748709
Retail Clientele: General, Family, Business, Traveler, Tourist, Convention, Other
Property Located Between: Shadow Lake Mall and CHI Midlands
Largest Nearby Street: Highway 370
Highway Access: 370 highway
Airports: Eppley Airfield Omaha
Site Description: Great Location, near hospital, County Courthouse, Papillion Mall, Easy access to I80 Freeway and 75 Kennedy Freeway.
Area Description: 16456
Nearby Attractions: Shadow Lake Mall, Walnut Creek Recreation Area.
Total Number of Buildings: 2
Number of Stories: 2
Property Condition: Good
Year Built: 1983
Roof Type: Gable
Construction/Siding: Wood Siding
Average Occupancy Rate: 90
Exterior Description: Well Maintain open walkway 7' x 161'
Total Parking Spaces: 40
Parking Type: Surface
Parking Description: 40 parking stalls
Sprinklers: None
Laundry: Laundromat Nearby
Heat Type: Electricity
Heat Source: Wall Units
Air Conditioning: Window Unit
Interior Description: Well maintained rooms. 30 of the rooms have Kitchenette, 5 rooms are studio type with double bed.
Zoning Description: Commercial
Lot Frontage: 160'
Lot Depth: 228
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Easements Description: Utilities
Land Ownership: Fee Simple

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,537 45,440 152,971
Median Age: 35.15 35.31 34.5
Households: 3,240 15,978 57,358


Photograph of Listing Agent

Melvin G Melendez

Nebraska Realty
MRCIE Member
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Midlands Regional CIE nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.