If you are looking for well constructed property with upside in a solid market, this hotel is worthy of consideration.  It is absentee-owned and is in need of a marketing plan and efficiency of operations.  The Rodeway Inn flag is available, as are other branding options.

Executive Summary

This original owner/developer Rodeway Inn opened in 1999.  The property features 68 rooms, including oversized rooms and business suites.  A NEW roof was installed in 2019.

Fremont, NE, (population 28,000) is one of those places where people enjoy the smaller market living, while having quick access to the Omaha MSA of 1,000,000 (about 20 minutes to the western fringe).  Major employers include those in manufacturing, agriculture, food processing, healthcare, transportation and education.   A number of businesses have over 1500 employees, including Valmont Industries, Wholestone Farms, and Lincoln Premium Poultry (COSTCO).

In addition, Fremont is home to a community college (MCC) and also Midland University, a four-year private university with nearly 2,000 students, faculty and staff.  Midland offers over 30 different majors and 16 post graduate programs.  Lastly, Fremont Methodist Health Center is a regional hospital serving Fremont and the surrounding communities with 150 beds, an accredited cancer center, Flight for Life, and a 24/7 emergency center, with over 100 physicians and 850 employees.

If you are looking for well constructed property with upside in a solid market, this hotel is worthy of consideration.  It is absentee-owned and is in need of a marketing plan and efficiency of operations.  The Rodeway Inn flag is available, as are other branding options.

Property Details

Address
120 Cathy St, Fremont, NE 68025
Price
$2,300,000 
Rooms
68 
Price Per Key
$33,824 
Property Type
Limited Service 
Revenue
Call or Email for CA 

Hotel Description

  • Original owner/developer
  • Absentee-owned
  • Built 1999
  • 3  floors w/elevator
  • 30 minutes to downtown Omaha and the NEW $1.2 Billion Eppley International Airport
  • Newer exterior paint – 2020
  • Newer Roof – 2019
  • Oversized rooms and business suites
  • Microwaves, mini fridges & coffee makers throughout
  • 100% non-smoking throughout
  • Ample truck & bus parking

Contact a Broker

Dave Jones

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