Motel in Wymore + house & lot

Hospitality for Sale
Catylist Listing ID: 30343546
Property Subtypes: Motel
Number of Units: 8 Units
Building Size (RSF): 2,160 SF
Gross Building Area: See Agent
Gross Land Area: 72,800 SF
Sale Price: $199,000
Unit Price: $24,875 Per Unit
Property Use Type: Business
Name of Establishment: Wymore Inn
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/22/2018

Overview / Comments

This is an 8 room motel plus a 2144 sq ft home. There are currently 4 long term tenants renting rooms with 4 available for overnight stays. The motel has been busy over the past 3 years. The home is currently being rented. The cash flow of this facility is excellent. All rooms have new carpet and have been recently updated. Each room also includes a refrigerator and micro wave. This facility is available for immediate possession. This is an investment opportunity with a 20%+ ROI.

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $1,903 (Annual)

Additional Details

Nearest MSA: Beatrice
County: Gage
Taxing Authority: Gage County
Tax ID/APN: 009214000; 009214100; 009215000
Zoning: 2 LOTS COMMERCIAL, 1 LOT SINGLE FAMILY
Retail Clientele: General
Property Located Between: S 14th & S 15th St
Property Visibility: Excellent
Largest Nearby Street: Highway 77
Feet of Frontage: 280
Traffic/Vehicle Count: 3,905
Highway Access: Located on Highway 77
Airports: Beatrice
Site Description: Level, Mature trees
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Average
Year Built: 1955
Roof Type: Gable
Construction/Siding: Wood Frame, Wood Siding
Average Occupancy Rate: 75
Total Parking Spaces: 15
Parking Type: Surface
Parking Description: gravel
Heat Type: Natural Gas
Air Conditioning: Window Unit
Zoning Description: 2 lots are zoned commercial, house lot is zoned single family
Lot Frontage: 280
Lot Depth: 280
Water Service: Municipal
Sewer Type: Municipal
Legal Description: LOTS 1-3 INC. BLK 1 SCOTTS 2ND ADD; LOTS 4-6 BLK 1 SCOTT'S 2ND ADD; & LOTS 7-12 INC BLK 1 SCOTTS 2ND ADD GAGE COUNTY NEBRASKA

View FullscreenMap

Demographic Statistics

Proximity: 5 miles
Total Population: 2,771
Median Age: 46.59
Households: 1,202
© Copyright 2001-2018 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.