500 E A St - Hospitality FOR SALE


Ogallala, NE 69153
$3,990,000 USD
307-686-9500
500 E A St, Ogallala, NE for Sale
$3,990,000 USD
Hospitality - FOR SALE
1/42
null | Request Cap Rate

500 E A St
Ogallala, NE 69153


HIGHLIGHTS

  • Strategic location with direct access and visibility from Interstate 80
  • Gateway location to Lake McConaughy and western Nebraska recreation markets
  • Opportunity for operational upside and continued growth in a stable western Nebraska market
  • Strong regional tourism appeal with limited market competition

OVERVIEW

The Super 8 Ogallala presents a compelling investment opportunity in one of western Nebraska’s most strategic lodging markets, positioned directly along Interstate 80, one of the nation’s busiest east-west transportation corridors. Located in Ogallala, a community known as the “Gateway to Lake McConaughy,” the property benefits from a diverse demand base driven by tourism, outdoor recreation, regional travel, and year round interstate traffic. Ogallala attracts visitors from across the Midwest and beyond with its close proximity to Lake McConaughy, Nebraska’s largest reservoir, offering boating, fishing, camping, beaches, and outdoor recreation that drive strong seasonal visitation. The market is further supported by hunters, outdoor enthusiasts, and travelers exploring western Nebraska and the greater Sandhills region. The Super 8 flag provides a nationally recognized economy lodging option catering to leisure travelers, interstate guests, workforce demand, and budget-conscious visitors. Its location near I-80 provides exceptional visibility and accessibility, capturing transient demand while benefiting from limited competitive supply relative to larger metro markets. Investment highlights include stable interstate-driven demand, exposure to one of Nebraska’s premier recreation destinations, and the opportunity to capitalize on continued tourism growth and regional travel patterns. The asset offers investors an opportunity to acquire a branded hospitality property in a market supported by both seasonal tourism and dependable year-round traffic.

FOR SALE DETAILS

PRICE

$3,990,000 USD

PRICE/SF

$109 USD /SF

# OF ROOMS

90

PRICE/ROOM

$44,333 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Super 8 Ogallala

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1983

PARKING SPACES

90

LAND DETAILS

LAND ACRES

1.7 AC

LAND SF

73,978 SF

ZONING

03

APN/PARCEL ID

048000200

ASK ABOUT THIS PROPERTY

Pat GreenHCBRE, LLCMore Info
307-686-9500

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

Pat GreenHCBRE, LLCMore Info
307-686-9500

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