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Sage Motel 398 US-20

12 Room Hotel Harrison, NE 69346 £222,998 (£18,583/Room)

Investment Highlights

  • Good location directly off Hwy 20
  • Income potential

Executive Summary

Great investment with good income potential

Financial Summary (Actual - 2022) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2022) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price £222,998
Price Per Room £18,583
Sale Type Investment
Sale Conditions Business Value Included
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.43 AC
Building Size 5,367 SF
No. Rooms 12
Number of Floors 1
Year Built/Renovated 1950/2022
Parking Ratio 4.84/1,000 SF
Corridor Exterior

Amenities

  • Restaurant
  • High Speed Internet Access
  • Public Access Wi-Fi
  • Smoke-Free

About 398 US-20 , Harrison, NE 69346

Own a piece of history from Fort Robinson in the Harrison, Nebraska!! These were once outbuildings located on Fort Robinson, these were moved to Harrison and turned into a motel! Frequented by hunters and travelers alike, this is a rare income opportunity for someone wanting a home that pays for itself, or hire a manager and make some extra cash! There are 12 units total: 3 units with two full beds($79.00), 8 units with 1 queen bed ($69.00), and 1 unit with 2 queen beds ($89.00). For the owner occupied buyer, there is a one (possibly to bedroom) manager’s quarters with new flooring. The property has many improvements!! These include a new roof, new doors, new windows, new carpet in 11 rooms, new mattresses, new bedding and towels, 3 new water heaters, new televisions in most rooms, new mini refrigerator, new microwaves, and new air conditioners. You’ll also get two streams of revenue, with the restaurant being included also. This has a brand new $17,000 vent hood, and is currently being rented for $350/month. When a restaurant occupied the building rent was $700/month)

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 12 £61.81 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
830001549
Land Assessment
£7,828 (2023)
Improvements Assessment
£78,928 (2023)
Total Assessment
£86,756 (2023)

zoning

Zoning Code 03-COMMERC (Commercial)
03-COMMERC (Commercial)
  • Listing ID: 30042873

  • Date on Market: 13/11/2023

  • Last Updated:

  • Address: 398 US-20, Harrison, NE 69346

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