Re development Opportunity/ Business

Hospitality for Sale
Catylist Listing ID: 30713080
Property Subtypes: Extended Stay, Inn
Number of Units: 16 Units
Building Size (RSF): 6,829 SF
Gross Building Area: See Agent
Gross Land Area: 80,000 - 81,000 SF
Sale Price: $1,200,000
Unit Price: $75,000 Per Unit
Ceiling: 8 ft.
Property Use Type: Business
Building Name: Royal Inn Motel
Name of Establishment: Royal Inn Motel
Franchise Parent Name: NONE
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 4/8/2021

Overview / Comments

Great location for re development, or keep same business. most of room have extended stay guest.

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $4,109 (Annual)

Additional Details

Nearest MSA: Omaha-Council Bluffs
County: Sarpy
Taxing Authority: Sarpy County
Tax ID/APN: 010383212
Zoning: COMMERCIAL
Retail Clientele: General, Business
Property Located Between: Fort Crook Road in Bellevue
Property Visibility: Good
Largest Nearby Street: Cornhusker Road
Highway Access: South 75 Kennedy Freeway
Airports: Epply Air Field Omaha
Site Description: Near Bellevue University, Offutt Air Force Base.
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Good
Year Built: 1956
Year Renovated: 2012
Roof Type: Flat
Construction/Siding: Brick
Average Occupancy Rate: 70
Exterior Description: Maintenance free, all brick exterior.
Total Parking Spaces: 20
Parking Type: Surface
Parking Description: Pavement
Sprinklers: None
Heat Type: Electricity
Heat Source: Wall Units
Internet Access: Cable
Interior Description: Well kept units, all plumbing and electrical was updated in 2012. Newer furniture is also included in the sale.
Sewer Type: Municipal
Land Ownership: fee simple
Legal Description: TAX LOT 6A6 26-14-13 (1.87 AC)

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,176 64,160 131,386
Median Age: 34.9 32.33 33.28
Households: 3,579 23,337 47,049

Contact

Photograph of Listing Agent

Melvin G Melendez

Nebraska Realty
MRCIE Member
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