What is the asking price for America's Best Value Inn?

The lease rate for space here is Contact for pricing.

What is the total size of America's Best Value Inn?

The property has a total square footage of 11,422 SF.

When was this property built?

America's Best Value Inn was built in 1962.

How many parking spaces are available at America's Best Value Inn?

Parking information for the property isn't currently listed.

602 East 4th Street, North Platte, NE 69101

For Sale $1,300,000
Property Type Other
Property Size 11,422 SF
Lot Size 0.4 Acre
Year Built 1962
Date Updated Jan 23, 2025

Description

Located just east of Blue Star Memorial Highway in North Platte, NE# of Rooms: 35 + Apartment Lot Size: 0.40 acres (17,424 SF) 2023 Occupancy: 41.11% Parking Lot: Paved - 35 spaces Zoning: Commercial Cap Rate: 12% Price per Room: $36,111 ADR: $71.73 GRM: 4.2Xs 2023 Revenue: $372,000 Price/sq. ft.: $113.82 2023 Real Estate Taxes: $12,371.16 2023 NOI: $180,000 2024 Projected Revenue: $450,000

Highlights

# of Rooms: 35 + Apartment
2023 Occupancy: 41.11%
2023 Real Estate Taxes: $12,371.16
2023 Revenue: $372,000
ADR: $71.73
Cap Rate: 12%
GRM: 4.2Xs
Lot Size: 0.40 acres (17,424 SF)
Parking Lot: Paved - 35 spaces
Price per Room: $36,111
Price/sq. ft.: $113.82
Zoning: Commercial

78/100 Very Walkable
49/100 Somewhat Bikeable

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America's Best Value Inn