Motel 6 Big Springs

111 Circle Rd, Big Springs, NE 69122

  • For Sale $2,100,000
  • Property Type Other
  • Property Size 106,181 SF
  • Units 62
  • Lot Size 2.91 Acre
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 62
  • Year Built 1973
  • Date Updated Jan 3, 2025
Located north off Exit 107 on I-80 Area neighbors include Phoenix Massage Therapy, Flying J Travel Center, Sinclair, McGreer Camper ParkBuilding Size: 106,181 sq. ft. # of Rooms: 62 Lot Size: 2.91 acres (126,760 sq. ft.) 2022 Occupancy: 56.79% through August 2023 Year Built: 1973 Parking Lot: Paved - 62 spaces Zoning: Commercial Cap Rate: 9.8% Projected Price per Room: $33,870.97 ADR: $64.30 GRM: 3.06Xs REV PAR: $36.19 2022 Revenue: $436,000 through July 2023 Price/sq. ft.: $19.78 Real Estate Taxes: $31,426.30 Projected 2023 Revenue: $850,000 Projected 2023 NOI: $250,000 Estimated ADS: $179,726 Estimated Cash Flow after ADS: $70,174
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Highlights

  • Building Size: 106,181 sq. ft.
  • # of Rooms: 62
  • Lot Size: 2.91 acres (126,760 sq. ft.)
  • 2022 Occupancy: 56.79% through August 2023
  • Year Built: 1973
  • Parking Lot: Paved - 62 spaces
  • Zoning: Commercial
  • Cap Rate: 9.8% Projected
  • Price per Room: $33,870.97
  • ADR: $64.30
  • GRM: 3.06Xs
  • REV PAR: $36.19
  • 2022 Revenue: $436,000 through July 2023
  • Price/sq. ft.: $19.78
  • Real Estate Taxes: $31,426.30
  • Projected 2023 Revenue: $850,000
  • Projected 2023 NOI: $250,000
  • Estimated ADS: $179,726
  • Estimated Cash Flow after ADS: $70,174

Contacts

broker
Dale Zomer

NAI Sioux Falls

Location

Getting Around

  • Walk Score ®

    20/100 Car-Dependent

  • Bike Score ®

    34/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Big Springs, NE
  • Zip Code 69122

Points of Interest

  • Flying J

    0.09 miles

  • Sinclair

    0.18 miles

  • Truck Parking

    6.21 miles

  • Motel 6

    0.01 miles

  • South Platte High School

    0.75 miles

  • South Platte Elementary School

    0.75 miles

  • South Platte Public Schools

    1.09 miles

  • Cottonwood Corner School

    2.85 miles

  • Longview School

    3.80 miles

  • School Number 30

    3.84 miles

  • School Number 61

    6.70 miles

  • Plainview School

    6.91 miles

Frequently Asked Questions

How much does Motel 6 Big Springs cost?

The space currently listed for sale at Motel 6 Big Springs asks for $2,100,000.

What is the total square footage of Motel 6 Big Springs?

Motel 6 Big Springs totals 106,181 square feet.

When was this property built?

Motel 6 Big Springs was built in 1973.

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Contact Listing Broker
broker
Dale Zomer

NAI Sioux Falls