The Rodeway Inn & Suites Sidney represents an exceptional opportunity for an
owner-operator or local hospitality buyer to acquire a fully renovated, turnkey hotel
with meaningful upside in a stable, financeable market. The property is currently
operating more than 55% below the competitive set in RevPAR, despite its downtown
location, recent renovations, and strong physical condition, creating a clear path for
revenue growth under hands-on ownership and professional revenue management.
The hotel has been extensively renovated between 2020 and 2025, eliminating near
term capital expenditure risk and allowing a new owner to focus immediately on
operations, pricing strategy, and market penetration rather than deferred
maintenance. The asset is located in downtown Sidney, offering walkable access to
dining and local amenities, combined with immediate proximity to Interstate 80,
Highway 30, and Highway 385—an ideal mix for capturing both transient and
extended-stay demand.
With a diverse room mix, seven kitchenette-equipped units, and on-site meeting,
event, bar, and restaurant space currently underutilized, the property offers
multiple levers for incremental revenue growth. The existing franchise affiliation
provides attractive, low-cost terms with flexibility to continue, reflag, or operate
independently, further enhancing operational control and exit optionality.
Offered at a basis below replacement cost and generating in-place cash flow, the
property is well-suited for conventional or SBA-style financing, making it
particularly attractive to local buyers, regional operators, and experienced hoteliers
seeking a hands-on asset with immediate RevPAR and NOI upside. With renovations
complete and infrastructure in place, this is a true plug-and-play opportunity to
close the performance gap with the competitive set and drive outsized returns
through active ownership.
Josh Prettyman
eXp Realty