111 Circle Rd - Hospitality FOR SALE


Big Springs, NE 69122
$1,200,000 USD
972-755-5262
111 Circle Rd, Big Springs, NE for Sale
$1,200,000 USD
Hospitality - FOR SALE
1/7
null | Request Cap Rate

111 Circle Rd
Big Springs, NE 69122


HIGHLIGHTS

  • Strategic Interstate Location.
  • Proximity to Outdoor Attractions.
  • Underserved Hospitality Market.
  • Tourism and Cultural Drivers.
  • Established Brand and Amenities.
  • Event-Driven and Agricultural Demand.

OVERVIEW

As the exclusive representative of the seller, Marcus & Millichap's Hospitality Division is pleased to present for sale to qualified investors the Motel 6 Big Springs, NE (‘Hotel’ or ‘Property’) located in Big Springs, Nebraska. The G6 Hospitality-branded Hotel is offered at $1,200,000 or $19,355 per key. Motel 6 Big Springs, NE is a two-story hotel with 62 rooms, located at 111 Circle Road in Big Springs, Nebraska. The Hotel is easily accessible from Interstate 80 and maintains common area amenities including vending machines, coin laundry and truck parking. With a RevPAR Index of 80 percent, the hotel offers significant upside potential. Strategic revenue management could raise the index to 85–95 percent, increasing room revenue to $515K–$650K. Priced at an attractive Room Revenue Multiplier of 2.50, the asset presents a compelling value-add opportunity at a conservative valuation. Big Springs, Nebraska holds a strategic location along two major transportation arteries—Interstate 80 and U.S. Route 30, as well as proximity to Nebraska Highway 138. This historic village benefits from consistent traffic volume and serves as a natural stopover for a wide range of travelers, including vacationers, RVers, commercial drivers, and outdoor recreation tourists. With limited lodging supply in the immediate area, an investor has the opportunity to capitalize on an established but underserved hospitality market with strong seasonal demand and regional tourism appeal. The area is anchored by several of Nebraska’s top outdoor attractions. Lake McConaughy and Lake Ogallala, located approximately 30 miles from Big Springs, attract over a million annual visitors for fishing, boating, swimming, and camping. These destinations—along with Kingsley Dam, Ash Hollow State Historical Park, and Oregon Trail heritage sites—generate consistent tourism traffic during peak seasons and weekends, supporting robust occupancy potential for nearby accommodations. Local points of interest such as the Phelps Hotel, a restored 19th-century property listed on the National Register of Historic Places, contribute to the area’s cultural appeal. Additional nearby attractions include Boot Hill Cemetery, the Mansion on the Hill, and community heritage landmarks like the Big Springs "Spring" site, which gave the village its name. Visitors also explore the Waterman Sod House, a well-preserved example of pioneer-era architecture, offering insight into Nebraska’s frontier past. In addition to recreational tourism, Big Springs hosts annual community events such as the July 4th Parade and August 24th Car and Motorcycle Show, creating reliable event-driven spikes in overnight demand. The surrounding region’s economy is also supported by agriculture and related businesses, which contribute to a stable employment base and year-round lodging needs for vendors, seasonal labor, and visiting service providers. The village’s location at Exit 107 on Interstate 80, along with access to Highway 138, enhances its value as a hospitality asset. The exit includes a truck stop, fuel services, and food options, attracting both long-haul drivers and families seeking a convenient overnight stay. With minimal lodging competition nearby, a hotel in Big Springs is well positioned to benefit from this steady and diverse travel base, including demand from trucking and transportation services operating throughout western Nebraska. BROKER OF RECORD Adam Lewis Nebraska P: (303) 328-2000 License #: NE: 20250136

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$34 USD /SF

# OF ROOMS

62

PRICE/ROOM

$19,355 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Motel 6 Big Springs, NE

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1973

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.91 AC

LAND SF

126,760 SF

ZONING

03

APN/PARCEL ID

0000313.00

ASK ABOUT THIS PROPERTY

Hussain ShaikMarcus & MillichapMore Info
972-755-5262

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Hussain ShaikMarcus & MillichapMore Info
972-755-5262

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.