Click on any photo for a larger, more detailed view

Location: West Central Nebraska
Number of Units: 33
Year Constructed: 1964
Corridors:  Exterior
# of Stories: 2
Chain Affiliated ? : Yes
Cost to Transfer Franchise: N/A
AAA Rated ? : Yes

Asking Price: $ 450,000
Gross Rooms Revenue: $ 145,321
Gross F&B Revenue: N/A
Gross Other Revenue:  N/A
Annual Property Taxes: $ 6,594
Annual Insurance Costs: $ 5,130
Seller/Private Financing Available ?: No

Other Property Included: N/A

Other Information: This clean, well maintained, solidly built property is located in West Central Nebraska, convenient to a major east-west Interstate and a busy north-south US Highway.   It features cement block construction, and includes a beautiful exterior swimming pool (pictured).   Recent renovation projects at the property include a new roof (with warranty), new windows, lots of new carpeting, many new AC Units.   Additionally, an ice machine, 2 commercial dryers and 1 commercial washer have recently been replaced. The pool filter was replaced in 2001, and the circulating pump rebuilt in 2006.   The property features living quarters, ideal for an on-site owner-operator.

Revenues in 2007 were up over 8% vs. 2006, a trend in right direction!   This property topped $200K in revenue just a few years ago; the potential to return to those numbers is there with new energy and a new operator!

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