Incredible Value at the York Interchange

Hospitality for Sale
Catylist Listing ID: 30708815
Property Subtypes: Hotel
Number of Units: 93 Units
Building Size (RSF): See Agent
Gross Building Area: See Agent
Sale Price: $700,000
Unit Price: $7,526.88 Per Unit
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/18/2021

Overview / Comments

Incredible Value York Interchange Hotel
4112 S Lincoln Ave, York NE 68467

Property type: Hotel/Motel
Area: York Primary Interchange
Year Built: 1984
Zoning: County Commercial
Total Property Size: 105,415 Square Feet
Building Size: 33,980 Square Feet
Note: Sold As-is / Property was damaged by wind storm
Price: $700,000

93 Room Hotel
Large 2.4 acre tract directly adjacent to York I-80 interchange
New owner can pick new flag as no commitments to former Super 8
Property had wind damage to pool area roof and 6 upper floor rooms
Bring new updates to this large building and gain equity immediately
Pool area is main hub of the hotel
Current owner ran hotel for over 20 years
Adjacent to many fast food restaurants
Great opportunity for developer/contractor
This property is ready for your creative ideas

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $30,300 (Annual)

Additional Details

Nearest MSA: Lincoln
County: York
Tax ID/APN: 930116585
Total Parking Spaces: 100

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 3,576 9,869
Median Age: 41.74 39.89
Households: 1,410 3,971

Contact

Photograph of Listing Agent

Todd A. Lorenz

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