OYO Hotel Downtown Mccook, NE

Hospitality for Sale
Catylist Listing ID: 30578436
Property Subtypes: Hotel
Number of Units: 94 Units
Building Size (RSF): 64,096 SF
Gross Building Area: See Agent
Gross Land Area: 3.22 Acres
Sale Price: $2,500,000
Unit Price: $26,595.74 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/28/2020

Overview / Comments

The OYO Hotel in McCook Nebraska is a two-story, interior corridor property.
The property is 94 units and converted to OYO in November of 2019. The property was last renovated in 2018 and includes an indoor pool, hot tub, fitness room, guest laundry, and breakfast room. The property is currently absentee-owned and possesses a high upside for a potential owner-operator.

In cooperation with Amber Hotel Company and NHS Commercial.

Additional Details

Nearest MSA: North Platte
County: Red Willow
Tax ID/APN: 000882400
Highway Access: US 6, US 34, US 83
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1965
Year Renovated: 2019
Water Recreation: Indoor Pool, Hot Tub
Total Parking Spaces: 45
Parking Type: Surface
Laundry: Shared
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,307 7,512 9,390
Median Age: 39.38 39.95 40.4
Households: 1,809 3,153 3,945

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