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748 E 12th St
Imperial, NE 69033

$875,000 USD

Hotel For Sale  •  14,218 SF

Property Details

  • Property Type Hotel
  • Total Building Size 14,218 SF
  • Lot Size 6.57 AC
  • Building Class C
  • Year Built 2000
  • Cap Rate 10.24 %
  • Zoning Z03
0 Transit Score
14 Walk Score

Highlights

Value-Add Opportunity – 35-room independent hotel with in-place cash flow and upside through management, marketing, and property improvements.
Strong 2024 Performance – $416K gross revenue with adjusted NOI ~$90K; stabilized operations.
High Traffic Exposure – Positioned along U.S. Highway 6 & Nebraska Highway 61, with over 5,000 vehicles/day.
Regional Demand Drivers – Near Chase County Hospital, Imperial Country Club, Enders Reservoir, and regional agricultural/business travel.
Growth Catalyst – Benefits from the new $100M Lake Mac Casino Resort in Ogallala temporary casino 2025; full resort, hotel & conference center 2027–28
Accessible to Major Metros – Within driving distance to Denver (3.5 hrs), Omaha (5 hrs), and North Platte (2 hrs).

Financial Summary (Actual)

Net Operating Income: $89,560 USD (2024)
Cap Rate: 10.24 %
Total Expenses: $326,489 USD

Amenities

  • Wheelchair Accessible
  • Meeting Event Space
  • Smoke Detector

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 50
Type: Surface
Included in Rent: Yes
Kerry Woehl 605-760-7214 The Move Group
Kerry Woehl 605-760-7214 The Move Group