Property Listing No Longer Available for Sale

3655 10th Street, Gering, NE

Hotel for Sale - 26,123 Sq. Ft.


Property Info

CIMLS#970638
Location
  3655 10th Street
  Gering NE 69341
UpdatedDecember 5th, 2017
TypeHotel
PriceUpon Request
Building26,123 Sq. Ft.

Property Description

Property tours are available by appointment only, please do not contact the front office directly.

Property Highlights:

Exterior and interior remodeled throughout

Very well kept and low maintenance cost

Exactly the same full-equipped rooms

Large manager or owner's living quarter

Award winning for "Certificate of Excellence" of Trip Advisor

Convenience location for many activities

This property is consist of a 2 story main building with 34 interior rooms and a adjacent single story with 8 exterior rooms and an outdoor swimming pool and plus a large manager's quarters.

The hotel was renovated in 2016 and has been very well maintained, the current operator spends plenty of money and efforts on extensive upgrades, including the exterior stucco, roof, outdoor double sided LED color display sign, water heater, ice machine, furniture, mattresses, carpets, beddings, double layered drapes, flat TV, DVD/Blu Ray players, common area and much more. It is projected to incur very low maintenance cost for the new owner for decades to come.

This hotel has the Excellent score review and reputation on all major hotel booking websites, and a lot of repeat guests. The hotel has 4.4 out of 5 on Google, awarded "Certificate of Excellence" from TripAdvisor.com and "People love Arcadia Hotel on Yelp" from Yelp.com.

The property is within minutes of the area's numerous amenities including parks, restaurants and retail conveniences. It is a remarkable fact that the Twin city of Gering and Scottsbluff is the main ideal gateway to Mount Rushmore and Yellowstone National Parks as well as world famous event like Sturgis Motorcycle Rally for people driving from East and South of the States. Many traveler from all of the world pass by this location year round.

If you are looking for a well maintained hotel in an active market with increasing revenue, this is the premium investment opportunity you don't want to miss.


Financials