PENDING CONTINGENCY OFFER -TAKING BACK UP OFFERS. INVESTMENT OPPORTUNITY. A CONVERTED MOTEL THAT FEATURES 51 POTENTIAL UNITS ACROSS THREE CONTINUOUS BUILDINGS, OFFERING STRONG POTENTIAL CASH FLOW. THERE ARE 46 STUDIO UNITS AND 5 ONE-BEDROOM UNITS, TWO OF WHICH CAN BE BUILT OUT BY NEW OWNERSHIP. THERE IS IMMENSE POTENTIAL TO INCREASE REVENUE THROUGH STRATEGIC UPDATES AND MODERNIZED APRROACH. WITH NEW DEVELOPMENTS IN THE AREA.
Sold for $500,000 on 04/18/25
$500,000
1404 RODEO RD, North Platte, NE 69101
--beds
0baths
--sqft
Apartment, Multi Family
Built in 1962
-- sqft lot
$507,400 Zestimate®
$--/sqft
$1,155 Estimated rent
Home value
$507,400
Estimated sales range
Not available
$1,155/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: April 18, 2025 at 02:40pm
Listed by:
Joy A Epler,
COLDWELL BANKER PREFERRED GROUP
Bought with:
Stephen P Mcgrath
GATEWAY REALTY
Source: Lincoln County BOR (NE),MLS#: 26064
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Individual Heat
Cooling
- Individual Air
Appliances
- Included: Applies to Some Units
Features
- Private Bath
- Has basement: No
Property
Parking
- Parking features: None, No Garage
- Details: Lot / 51 Spaces
Features
- Levels: One
- Stories: 1
- Exterior features: Private Entrance
Lot
- Size: 1.97 Acres
- Dimensions: 85,999
Details
- Parcel number: 0017690.00
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Apartment, Multi Family
Materials
- Frame, Brick
- Roof: Asphalt
Condition
- Year built: 1962
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Other, Master Meters
Community & neighborhood
Location
- Region: North Platte
HOA & financial
Other financial information
- Total actual rent: 19375
Price history
| Date | Event | Price |
|---|---|---|
| 4/18/2025 | Sold | $500,000-41.2% |
Source: Lincoln County BOR (NE) #26064 | ||
| 3/31/2025 | Pending sale | $850,000 |
Source: Lincoln County BOR (NE) #26064 | ||
| 1/31/2025 | Listed for sale | $850,000 |
Source: Lincoln County BOR (NE) #26064 | ||
Public tax history
Tax history is unavailable.
Neighborhood: 69101
Nearby schools
GreatSchools rating
- 3/10Madison Middle SchoolGrades: 6Distance: 0.2 mi
- 1/10North Platte High SchoolGrades: 9-12Distance: 0.9 mi
- 4/10Lincoln Elementary SchoolGrades: PK-5Distance: 0.8 mi
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