America's Best Value Inn Listing Details & Market Data

602 East 4th Street, North Platte, NE 69101

  • For Sale $1,500,000
  • Property Type Other
  • Property Size 11,422 SF
  • Lot Size 0.4 Acre
  • Year Built 1962
  • Date Updated Apr 6, 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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Attachments

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

Contacts

broker

Dale Zomer

NAI Sioux Falls

(605) 351-1218

Location

Getting Around

  • Walk Score ®

    Very Walkable (79)
  • Bike Score ®

    Somewhat Bikeable (49)
Powered by Walk Score ®
  • 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

  • The Cedar Room

    0.30 miles

  • Good Life on the Bricks

    0.30 miles

  • Tempura

    0.32 miles

  • Merricks Ranch House

    0.40 miles

  • Luigi's

    0.57 miles

  • Godfather's Pizza

    0.67 miles

  • Wendy's

    0.92 miles

  • Royal Wok Chinese Restaurant

    0.95 miles

  • Subway

    0.97 miles

  • McDonald's

    0.98 miles

  • Jefferson Elementary School

    0.10 miles

  • Saint Patricks High School

    0.48 miles

  • McDaid Elementary School

    0.49 miles

  • Cleveland School

    0.60 miles

  • Our Redeemer School

    0.60 miles

  • McKinley School

    0.69 miles

  • Washington Elementary School

    0.72 miles

  • North Platte High School

    1.08 miles

  • Roosevelt School

    1.31 miles

  • McDonald Elementary School

    1.36 miles

Contact Listing Broker

broker

Dale Zomer

NAI Sioux Falls

(605) 351-1218