935 9th Ave - Hospitality FOR SALE


Sidney, NE 69162
$750,000 USD
207-352-0279
935 9th Ave, Sidney, NE for Sale
$750,000 USD
Hospitality - FOR SALE
1/69
null | 13.2% Cap Rate

935 9th Ave
Sidney, NE 69162


HIGHLIGHTS

  • 47 fully renovated guest rooms
  • 55% below competitive set RevPAR
  • 6 Additional Units provisioned for owner/operator
  • strategically situated downtown Sidney with convenient access to i-80, highway 30, and highway 385
  • 140 seat meeting/bar/restaurant/event space
  • Priced significantly below replacement cost at $16,000/key

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$30 USD /SF

# OF ROOMS

47

PRICE/ROOM

$15,957 {currency}

CAP RATE

13.2%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rodeway Inn & Suites Sidney Downtown, I-80

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1960

PARKING SPACES

43

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,398 SF

ZONING

C-1

APN/PARCEL ID

170055884,170055892,170055906

ASK ABOUT THIS PROPERTY

Josh PrettymaneXp RealtyMore Info
207-352-0279

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Josh PrettymaneXp RealtyMore Info
207-352-0279

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