748 E 12th St - Hospitality FOR SALE


Imperial, NE 69033
$1,050,000 USD
605-760-7214
748 E 12th St, Imperial, NE for Sale
$1,050,000 USD
Hospitality - FOR SALE
1/38
null | 8.53% Cap Rate

748 E 12th St
Imperial, NE 69033


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).

OVERVIEW

This 35-room, two-story hotel in Imperial, Nebraska, offers a strong blend of established performance and future potential. Built in 2000 on 6.57 acres, it features a climate-controlled lobby, 2,000 sqft banquet hall with bar and kitchen, breakfast area, guest laundry, and extensive parking with truck/RV hookups. Outdoor amenities include heated dog kennels, a game cleaning station, and full security camera coverage. Recent updates in 2022–2023—new roof, windows, hot water heaters, and PTAC units—enhance long-term efficiency. Strategically located at the intersection of U.S. Highway 6 and Nebraska Highway 61, the hotel benefits from direct access to major transportation routes with over 5,300 vehicles per day passing through town. The property sits just 50 miles south of Ogallala and Interstate 80, providing convenient links to Denver, Omaha, and regional destinations. Notably, Ogallala is home to the new $100M Lake Mac Casino Resort, which opened its temporary casino in 2025 and will expand into a full-scale casino, racetrack, hotel, and conference center by 2027–2028—bringing a surge of tourism and regional economic activity. Local attractions such as Chase County Community Hospital, Imperial Country Club Golf Course, and Enders Reservoir further support steady year-round demand. With stabilized operations, consistent revenue growth, and ample land for expansion, this property represents a well-positioned investment opportunity with both reliable income and strong upside potential.

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$74 USD /SF

# OF ROOMS

35

PRICE/ROOM

$30,000 {currency}

CAP RATE

8.53%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Imperial Inn – 35-Room Hotel | Imperial, NE

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

2000

PARKING SPACES

50

LAND DETAILS

LAND ACRES

6.57 AC

LAND SF

286,189 SF

ZONING

Z03

APN/PARCEL ID

150104529

ASK ABOUT THIS PROPERTY

Kerry WoehlThe Move GroupMore Info
605-760-7214

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Kerry WoehlThe Move GroupMore Info
605-760-7214

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