America's Best Value Inn

602 East 4th Street, North Platte, NE 69101

  • For Sale $1,500,000
  • Property Type Other
  • Property Size 11,422 SF
  • Lot Size 0.4 Acre
  • Year Built 1962
  • Date Updated Apr 28, 2024
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: $41,666,67 ADR: $71.73 GRM: 4.2Xs 2023 Revenue: $372,000 Price/sq. ft.: $131.33 2023 Real Estate Taxes: $12,371.16 2023 NOI: $180,000 2024 Projected Revenue: $450,000

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Attachments

Highlights

  • # 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: $41,666,67
  • ADR: $71.73
  • GRM: 4.2Xs
  • 2023 Revenue: $372,000
  • Price/sq. ft.: $131.33
  • 2023 Real Estate Taxes: $12,371.16
  • 2023 NOI: $180,000
  • 2024 Projected Revenue: $450,000

Contacts

broker

Dale Zomer

NAI Sioux Falls

(605) 351-1218

Location

Getting Around

  • Walk Score ®

    79/100 Very Walkable
  • Bike Score ®

    49/100 Somewhat Bikeable
Powered by Walk Score ®
  • City North Platte, NE
  • Neighborhood North Platte
  • Zip Code 69101

Points of Interest

  • Cenex

    1.37 miles

  • Sinclair

    1.41 miles

  • Sinclair

    2.46 miles

  • Love's

    2.83 miles

  • Conoco

    2.83 miles

  • Sinclair

    6.10 miles

  • Americas Best Value Inn

    0.00 miles

  • Husker Inn

    0.08 miles

  • Pawnee Retirement Hotel

    0.27 miles

  • Country Inn North Platte

    0.44 miles

  • Rodeway Inn North Platte

    0.65 miles

  • Rodeway Inn

    0.67 miles

  • Blue Spruce Motel

    0.70 miles

  • Park Motel

    0.86 miles

  • Howard Johnson Inn - North Platte

    0.91 miles

  • Motel 6 North Platte

    1.16 miles

  • The Cedar Room

    0.30 miles

  • Good Life on the Bricks

    0.30 miles

  • Tempura

    0.32 miles

  • Merricks Ranch House

    0.40 miles

  • Luigi's

    0.57 miles

  • Godfather's Pizza

    0.67 miles

  • Wendy's

    0.92 miles

  • Royal Wok Chinese Restaurant

    0.95 miles

  • Subway

    0.97 miles

  • McDonald's

    0.98 miles

  • Jefferson Elementary School

    0.10 miles

  • Saint Patricks High School

    0.48 miles

  • McDaid Elementary School

    0.49 miles

  • Cleveland School

    0.60 miles

  • Our Redeemer School

    0.60 miles

  • McKinley School

    0.69 miles

  • Washington Elementary School

    0.72 miles

  • North Platte High School

    1.08 miles

  • Roosevelt School

    1.31 miles

  • McDonald Elementary School

    1.36 miles

Frequently Asked Questions

What is the lease rate for America's Best Value Inn?

Rental asking rate at America's Best Value Inn is $750,000.00/YR.

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

America's Best Value Inn totals 11,422 square feet.

When was this property built?

America's Best Value Inn was built in 1962.

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Contact Listing Broker

broker

Dale Zomer

NAI Sioux Falls

(605) 351-1218