Economy Inn McCook — 37‑Key Exterior‑Corridor Motel | Value‑Add | Opportunity Zone
1103 East B Street, McCook, NE 69001Sale Type
Traditional Listing
List Price
$580,000
- Property Type
- Hospitality
- Year Built
- 1982
- Square Feet
- 11,377
Sale Type
Traditional Listing
List Price
$580,000
- Property Type
- Hospitality
- Year Built
- 1982
- Square Feet
- 11,377
Overview
Facts
Positioned in the heart of McCook, Economy Inn McCook offers a streamlined, low‑overhead lodging platform with multiple levers for upside. The asset comprises 37 exterior‑corridor guestrooms in a single‑story configuration totaling ±11,377 SF on ±1.04 acres, delivering efficient operations and strong drive‑up convenience. Built in 1982 and refreshed in 2019, the property is zoned C‑1 (buyer to verify) and identified within a federally designated Opportunity Zone—a compelling backdrop for tax‑advantaged reinvestment strategies.
Guestrooms are presented across a mix of 15 single‑bed and 22 double‑bed keys, suited to both transient motorists and budget‑minded families/crews. Site functionality is excellent, with exterior corridors and ample surface parking (posted ratio 4.57/1,000 SF; marketing materials also note ~52 striped spaces) supporting easy arrivals for vehicles, trailers, and service trucks.
Connectivity is a differentiator: the hotel sits ~0.8 miles from the McCook Amtrak Station and ~0.7 miles from McCook Ben Nelson Regional Airport, broadening the demand catchment for rail and air travelers. Guest‑facing amenities presently marketed include free Wi‑Fi, on‑site parking, continental breakfast, and a complimentary airport shuttle, which can be right‑sized as part of a focused operating plan.
- Established asset with recent updates — 1982 vintage with a 2019 renovation, reducing near‑term PIP exposure versus older, unrenovated comps.
- Operational efficiency — Single‑story, exterior‑corridor layout simplifies housekeeping and reduces labor/maintenance costs; generous surface parking accommodates work crews and drive‑to demand.
- Proven demand drivers — Proximity to Amtrak (±0.8 mi), regional airport (±0.7 mi), and McCook’s core services/attractions supports a resilient, budget‑oriented customer mix.
- Room mix flexibility — 15 singles / 22 doubles allow targeted rate fencing across transient, corporate/crew, and extended‑stay segments.
- Tax‑advantaged location — The site is shown within an Opportunity Zone; pair value‑add capex with potential OZ benefits (consult tax counsel)
- Business momentum — Listings report ~15% YoY growth in 2024, creating a favorable starting point for a repositioning plan. (Subject to buyer verification.)
- Asset Type
- Inn/Motel · Hospitality
- Year Built
- 1982
- Building Class
- Economy
- Building Size
- 11,377 SF
- Lot Size
- 1.04 Acres
- Zoning
- C-1
- Parcel
- 001733300