USA Inns of America Listing Details & Market Data

7501 U.S. 281, Grand Island, NE 68803

  • For Sale $2,500,000
  • Property Type Other
  • Property Size 23,746 SF
  • Lot Size 3.37 Acre
  • Parking Spaces Avail. 62
  • Year Built 1990
  • Date Updated Apr 30, 2024
Grand Island, NEListing Price: $2,500,000 (Hotel & 1.72 AC of development land) Cap Rate: 10% Hotel ADR: $55.86 Gross Revenue for 2023: $362,633 Price/SF: $17.35/SF Land 2022 Real Estate Taxes: $43,907 Projected 2024 Revenue:$450,000 # of Rooms: 62 & 1 apartment Lot Size: 1.65 AC (71,874 SF) / 1.72 AC (74,923 SF) - Development Land 2022 Occupancy: 30.86% Year Built: 1990 Parking Lot: Paved - 62 spaces

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Attachments

Highlights

  • Listing Price: $2,500,000 (Hotel & 1.72 AC of development land)
  • Cap Rate: 10% Hotel
  • ADR: $55.86
  • Gross Revenue for 2023: $362,633
  • Price/SF: $17.35/SF Land
  • 2022 Real Estate Taxes: $43,907
  • Projected 2024 Revenue:$450,000
  • # of Rooms: 62 & 1 apartment
  • Lot Size: 1.65 AC (71,874 SF) / 1.72 AC (74,923 SF) - Development Land
  • 2022 Occupancy: 30.86%
  • Year Built: 1990
  • Parking Lot: Paved - 62 spaces

Contacts

broker

Dale Zomer

NAI Sioux Falls

(605) 351-1218

Location

Getting Around

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    Car-Dependent (11)

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  • City Grand Island, NE
  • Neighborhood Doniphan
  • Zip Code 68803

Points of Interest

  • Fat Dogs

    0.04 miles

  • Sinclair

    0.50 miles

  • Tesla Supercharger

    0.51 miles

  • Sinclair

    3.60 miles

  • Pump and Pantry

    5.06 miles

  • Conoco

    6.50 miles

  • Casey's General Store

    6.79 miles

  • Casey's General Store

    6.94 miles

  • Pump & Pantry

    7.09 miles

  • Casey's

    8.01 miles

  • Rest Area I-80 (East Bound)

    2.67 miles

  • Rest Area I-80 (West Bound)

    4.30 miles

  • Arby's

    0.52 miles

  • Denny's

    4.94 miles

  • Fiesta Latina

    5.32 miles

  • Burger King

    5.44 miles

  • El Tapatio

    5.48 miles

  • Chuckwagon

    5.53 miles

  • Finnish Line

    6.30 miles

  • Lee's Family Restaurant

    6.49 miles

  • Resident Suites Inn

    6.52 miles

  • Fazoli's

    6.55 miles

  • Cedar Hollow Public School

    2.58 miles

  • Central Community College - Grand Island Campus

    4.64 miles

  • Central Community College - Grand Island Campus

    4.73 miles

  • Valley View School

    5.13 miles

  • E F Starr Elementary School

    5.59 miles

  • Stolley Park Elementary School

    5.61 miles

  • Mile Bridge School

    5.70 miles

  • Alda Public School

    5.94 miles

  • C Ray Gates Elementary School

    6.04 miles

  • Wasmer Elementary School

    6.56 miles

  • Twisters Preschool Academy

    5.39 miles

Contact Listing Broker

broker

Dale Zomer

NAI Sioux Falls

(605) 351-1218