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Candlelight Inn 1822 E 20th Pl

56 Room Hotel Scottsbluff, NE 69361 $1,386,450 CAD ($24,758 CAD/Room)

Investment Highlights

  • 56-units, Interior Corridors, Two-Stories
  • Sizeable Managers Quarters on-site
  • Conversion Opportunities Available
  • Priced at $17,411 Per Key
  • Located in an Opportunity Zone

Executive Summary

The Bowman Post Group of NewGen Advisory is thrilled to introduce the 56-unit, interior corridor Candlelight Inn in Scottsbluff, Nebraska. Situated along Heartland Expy Highway 26, this property is specifically designed for travelers journeying to and from the numerous national parks in the area. Boasting a substantial manager's quarter onsite, this property presents an exceptional opportunity for an owner-operator.
Scottsbluff, Nebraska, offers a unique blend of charm, community spirit, and natural beauty that makes it an appealing place to call home. Nestled against the iconic Scotts Bluff national Monument, the area boasts stunning vistas and outdoor recreational opportunities, perfect for hiking, camping, and exploring. The city itself exudes a friendly small-town atmosphere, where neighbors know each other by name and local businesses thrive. With a low cost of living and a strong sense of community pride, Scottsbluff offers a welcoming environment for families and young professionals. Its central location in the heart of the Great Plains provides easy access to both urban amenities and the tranquility of rural life, making it an ideal destination for those seeking a balanced lifestyle amidst scenic surroundings.
BOR: NEWGEN ADVISORY CA, INC | ANDREW POST | CA LICENSE NUMBER: 01960611

Property Facts

Price $1,386,450 CAD
Price Per Room $24,758 CAD
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.38 AC
Building Size 27,259 SF
No. Rooms 56
No. Stories 2
Year Built 1968
Corridor Exterior
Opportunity Zone Yes

Amenities

  • Meeting Event Space

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 5 $177.75 CAD -
Guest Room 51 $106.65 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
010119671
Land Assessment
$364,847 CAD
Improvements Assessment
$383,669 CAD
Total Assessment
$748,515 CAD

zoning

Zoning Code 03
03
  • Listing ID: 32338570

  • Date on Market: 2024-07-03

  • Last Updated:

  • Address: 1822 E 20th Pl, Scottsbluff, NE 69361

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