This absentee-owned, independent hotel in north western Nebraska presents a solid opportunity, as it would benefit with on-site management.  Steady revenue and the ability to improve cash flow are just some of the reasons this property deserves your consideration.

Executive Summary

If you are looking for stable revenue history and cash flow, this independent hotel might be the one.  The Alliance Hotel & Suites is well maintained and achieves similar online reviews as the local upper mid-market franchised hotels.   Being an independent, there are no franchise fees, application fees or PIP requirements.  The property features 60 rooms, including jacuzzi suites.

Alliance is a mid-sized town of approximately 8,100 located near Highway 385 and 2, close to shopping and restaurants.  Alliance is also the county seat for Box Butte County.  Area attractions include Carhenge, Carnegie Arts Center, Alliance Knight Museum, and Dobby’s Frontier Town.  Leading employers include Burlington Northern Santa Fe Railroad, Box Butte General Hospital, Parker-Hannifin manufacturing, WESTCO and Highland Park Care Center.

If you are interested in an independent property with solid revenue and strong historical cash flow, please investigate further.

Property Details

Address
117 Cody Ave, Alliance, NE 69301
Price
$1,650,000 
Rooms
60 
Price Per Key
$27,500 
Property Type
Limited Service 
Revenue
Call or Email for CA 
Website
 

Hotel Description

  • 60 keys
  • Built 1995
  • Offered at $27,500 – – well below replacement value
  • 2- story, interior corridor
  • Jacuzzi suites
  • Fitness room
  • Newer roof
  • Newer beds and case goods (2019)
  • Absentee owned

Broker of record – Brent A Jaynes –  license # 0980574

Contact a Broker

Dave Jones

13000 W 87th St. Pkwy, Suite 108
Lenexa, KS 66215
Phone: 913-499-4725