America's Best Value Inn

For Sale

602 East 4th Street, North Platte, NE 69101

This North Platte property for sale is located at 602 East 4th Street. The current listed sale price for America's Best Value Inn is $1,500,000. America's Best Value Inn is situated on a lot that is 0.4 acre in size.

Contacts

broker

Dale Zomer

NAI Sioux Falls

(605) 351-1218

Property Details

  • Property Type Other
  • Property Size 11,422 SF
  • Lot Size 0.4 Acre
  • Year Built 1962
  • Date Updated May 11, 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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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

Attachments

Getting around

  • 79/100

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  • 49/100

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Location

  • 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

  • Platte River Mall

    0.77 miles

  • Walmart Supercenter

    1.02 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Dale Zomer

NAI Sioux Falls

(605) 351-1218