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Raine Motel

$1,500,000

618 U.S. 20, Valentine, NE 69201

Active
Last Updated: 10/16/2024

15,537 sqft

Building Size

2.7 acres

Lot Area

Details:
Building Size:    15,537 sqft
Lot Area:    2.7 acres
Units:    34
Year Built:    1962
Floors:    1
Highlights:
  • 34 Units, Exterior Corridors
  • 2023 Revenue: $518,457
  • Priced to sell at 2.5X RRM
  • Trailing 12 Revenue: $591,000
  • Conversion Opportunities Available
  • Ideal for an Owner Operator
Description:

The Bowman Post Group of NewGen Advisory is pleased to present for sale the Raine Motel located in Valentine, Nebraska. The Raine Motel offers a unique opportunity for conversion to other uses with 34 units and exterior corridors. The property is being priced to sell at a competitive $44,118 per key. Strategically positioned on Highway 70 and Highway 135, located in the heart of Valentine, this property provides prime location for travelers. Valentine boasts a thriving economy, an affordable cost of living, and a welcoming community, providing an ideal blend of opportunity and quality of life.

BOR: NEWGEN ADVISORY CA, INC | ANDREW POST | CA LICENSE NUMBER: 01960611

Valentine, Nebraska, stands out as an exceptional opportunity for those seeking a fulfilling and serene lifestyle. Situated in the heart of the Sandhills region, the city boasts breathtaking natural beauty, with the picturesque Niobrara River winding through its landscape and nearby national forests offering endless opportunities for outdoor recreation. Beyond its stunning surroundings, Valentine fosters a tight-knit community atmosphere where neighbors are more like extended family, supporting one another through life's ups and downs. This sense of belonging creates a warm and welcoming environment, perfect for families looking to raise children in a safe and nurturing community. Despite its small size, Valentine surprises with its array of amenities, including locally-owned shops, charming eateries serving up delicious cuisine, and a vibrant arts and culture scene. Moreover, the city's affordable cost of living and low crime rate make it an attractive option for individuals seeking to escape the hustle and bustle of city life without sacrificing quality of life. Whether you're drawn to the tranquility of nature, the sense of community, or the opportunity for a simpler way of life, Valentine, Nebraska, offers an ideal setting to put down roots and thrive.

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