1462295494257806
1404 Rodeo Rd 1420 Rodeo Rd North Platte, NE 69101
Listing Courtesy of: LINCOLN COUNTY NE / Coldwell Banker Preferred Group, P.C. / Joy Epler

  1404 Rodeo Rd 1420 Rodeo Rd North Platte, NE 69101

Active (26 Days)

Description

INVESTMENT OPPORTUNITY. A CONVERTED MOTEL THAT FEATURES 51 POTENTIAL UNITS ACROSS THREE CONTINUOUS BUILDINGS, OFFERING STRONG POTENTIAL CASH FLOW. THERE ARE 46 STUDIO UNITS AND 5 ONE-BEDROOM UNITS, TWO OF WHICH CAN BE BUILT OUT BY NEW OWNERSHIP. THERE IS IMMENSE POTENTIAL TO INCREASE REVENUE THROUGH STRATEGIC UPDATES AND MODERNIZED APRROACH. WITH NEW DEVELOPMENTS IN THE AREA, INCLUDING A BEEF PACKING PLANT SET TO OPEN SPRING 2025, THIS WILL PROVIDE MUCH NEEDED HOUSING AND COMPETETIVE GROWTH POTENTIAL.

MLS #:
26064
Taxes
$3,194(2024)
Type
Multifamily
Year Built
1962
Style
Ranch
County
Lincoln County

Listed By

Joy Epler, Coldwell Banker Preferred Group, P.C.
Source
LINCOLN COUNTY NE
Last checked Feb 25 2025 at 8:52 PM GMT+0000
Bathroom Details
Exterior Features
  • Roof: Asphalt
Utility Information
  • Utilities: Other
  • Sewer: City Water, City Sewer
Garage
  • None
Parking
  • Lot / 51 Spaces
Stories
  • 1
Location
   
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Disclaimer: Copyright 2025 Lincoln County NE Board of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2/25/25 12:52