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Cobblestone Inn & Suites Hartington 405 Arens Dr

29 Room Hotel Hartington, NE 68739 $1,990,800 CAD ($68,648 CAD/Room)

Investment Highlights

  • One hour from Sioux City and two hours from Omaha
  • Ideal for an owner-operator
  • On-site bar/lounge
  • Recently price reduced

Executive Summary

HotelBrokerOne is excited to present a fantastic opportunity to own the Cobblestone Inn & Suites in Hartington, NE. This recently price reduced, small, interior corridor property is ideal for an owner-operator looking to manage their own hotel.

Currently, the hotel is owned by a non-traditional hotel owner and managed by a third-party company. However, management by a third-party is not required for the new buyer, presenting significant upside potential for a hands-on owner.

Conveniently located just an hour from Sioux City and two hours from Omaha, the Cobblestone offers easy access to big city amenities while providing the charm of a small-town setting.
The hotel contains 29 guest rooms, a free hot buffet breakfast, on-site bar/lounge, guest laundry, fitness center, business center and meeting room space.
Please refrain from contacting the property directly. For more information and to schedule a tour, please contact Ted Holmes.

Property Facts

Price $1,990,800 CAD
Price Per Room $68,648 CAD
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.73 AC
Building Size 16,014 SF
No. Rooms 29
No. Stories 2
Year Built 2013
Parking Ratio 2.31/1,000 SF
Corridor Interior

Amenities

  • Business Center
  • Fitness Center
  • High Speed Internet Access
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 2 $157.84 CAD -
Guest Room 27 $146.47 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5776.00
Land Assessment
$28,269 CAD
Improvements Assessment
$2,189,512 CAD
Total Assessment
$2,217,780 CAD

zoning

Zoning Code 03
03
  • Listing ID: 32334340

  • Date on Market: 2024-07-03

  • Last Updated:

  • Address: 405 Arens Dr, Hartington, NE 68739

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