960 M St - Hospitality FOR SALE


Gering, NE 69341
$3,400,000 USD
405-810-1414
960 M St, Gering, NE for Sale
$3,400,000 USD
Hospitality - FOR SALE
1/17
null | Request Cap Rate

960 M St
Gering, NE 69341


HIGHLIGHTS

  • Whirlpool Suites
  • 5 miles from Scottsbluff, the largest city in the Nebraska Panhandle.
  • Near Regional West Medical Center, the largest healthcare provider in western Nebraska
  • SELLER FINANCING AVAILABLE

OVERVIEW

Recently price reduced, this Cobblestone Inn & Suites in Gering, Nebraska, is a well-maintained and inviting property, offering exceptional potential for a new owner. Conveniently situated near U.S. Highways 26 and 71, the hotel ensures easy accessibility for guests exploring western Nebraska’s natural beauty, historical landmarks, and thriving local businesses. The property features 54 well-appointed guest rooms and a range of amenities, including a complimentary hot breakfast buffet, business center, guest laundry facilities, indoor pool, fitness center, and vending machines. Located in the scenic Panhandle region of Nebraska, Gering is renowned for its breathtaking landscapes. Gering is under just 5 miles from Scottsbluff, the largest city in the Nebraska Panhandle. Scottsbluff serves as a regional hub for healthcare, commerce, and tourism. The city is home to several notable attractions, including Scotts Bluff National Monument, which offers breathtaking panoramic views and a deep connection to the region’s historical significance along the Oregon Trail. Nearby, Chimney Rock National Historic Site stands as one of the most recognizable landmarks of westward expansion. Scottbluff is anchored by Regional West Medical Center, the largest healthcare provider in western Nebraska and a key employer. Other major economic drivers include Western Nebraska Community College, which attracts students from across the state, and BNSF Railway, supporting regional transportation and logistics. The city also benefits from a strong retail sector, with Monument Mall and a variety of national and local retailers serving the community and surrounding areas. SELLER FINANCING AVAILABLE: 15% down payment and a 6% interest rate for 6 years

FOR SALE DETAILS

PRICE

$3,400,000 USD

PRICE/SF

$105 USD /SF

# OF ROOMS

54

PRICE/ROOM

$62,963 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cobblestone Hotel & Suites Gering

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2017

PARKING SPACES

45

LAND DETAILS

LAND ACRES

0.97 AC

LAND SF

42,253 SF

ZONING

C 03

APN/PARCEL ID

010071024

ASK ABOUT THIS PROPERTY

Ted HolmesHotelBrokerOneMore Info
405-810-1414

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Ted HolmesHotelBrokerOneMore Info
405-810-1414

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