207-352-0279
664 Chase Blvd, Sidney, NE for Sale
Hospitality - FOR SALE
1/50
null | Request Cap Rate

664 Chase Blvd
Sidney, NE 69162


HIGHLIGHTS

  • 68% Below Competitive Set RevPAR for Sidney
  • RevPAR Competitive Set $52.30 (~$1.625M room sales)
  • Choice PIP Completed in October 2025
  • Strong i-80 Visibility Driving Consistent Transient Traffic
  • Attached Restaurant Lease Provides Supplemental Income
  • Ideal Owner Operator/Local Management Expense & Revenue Correction Deal

OVERVIEW

The Country Inn & Suites Sidney presents a compelling value-add opportunity to acquire an 85-key, upper midscale hotel with significant upside in a stable Interstate 80 corridor market.? The property is currently operating at a substantial discount to the competitive set, with trailing twelve-month RevPAR of approximately $16.82 compared to $52.30, highlighting a clear opportunity for revenue growth through improved management, pricing strategy, and operational execution.? The asset recently completed a Property Improvement Plan (PIP) in October 2025, providing a refreshed physical product and limiting near-term capital expenditure requirements.? Current underperformance is primarily driven by absentee ownership and suboptimal revenue management rather than physical deficiencies, positioning the property for immediate operational upside under hands-on ownership.? Strategically located along Interstate 80, the hotel benefits from consistent transient demand driven by cross-country travel, trucking, and regional business activity.? Additional long-term demand drivers include the University of Nebraska's expansion into the former Cabela's headquarters and continued infrastructure investment along the Heartland Expressway.? The property offers a full amenity package consistent with upper midscale expectations, including indoor pool, fitness center, meeting space, and complimentary breakfast service, along with a large parking field accommodating passenger vehicles, buses, and trucks.? An attached restaurant building, leased to a third-party operator, provides supplemental income while minimizing operational complexity.? Offered unpriced, the opportunity allows investors to acquire a recently improved, well-located branded hotel at a compelling basis relative to stabilized performance.? With a clear path to closing the RevPAR gap and improving operational efficiency, the asset is well-suited for owner-operators and value-add investors seeking to drive outsized returns through active management.?

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

85

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Country Inn & Suites Sidney

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1996

PARKING SPACES

191

LAND DETAILS

LAND ACRES

4.92 AC

LAND SF

214,315 SF

ZONING

C

APN/PARCEL ID

170169928

ASK ABOUT THIS PROPERTY

Josh PrettymaneXp RealtyMore Info
207-352-0279

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

Josh PrettymaneXp RealtyMore Info
207-352-0279

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