for sale

Candlelight Inn

1822 E 20th Pl | Scottsbluff, NE 69361

Price:
$975,000
Number of Rooms:
56
Building Size:
27,259 SF
Year Built:
1967
Zoned:
Opportunity Zone
Hotel Type:
Limited Service

Investment Highlights

  • 56 units, interior corridors, two-stories
  • Priced at $17,411 per key
  • Sizeable managers quarters on-site
  • Located in an opportunity zone
  • Conversion opportunities available

Property Description

The Bowman Post Group of NewGen Advisory is thrilled to introduce the 56-unit, interior corridor Candlelight Inn – Scottsbluff, NE. This property is situated along the well-traveled Heartland Expressway, Highway 26, providing easy access and convenience for guests. The Candlelight Inn is perfectly positioned for travelers journeying to and from the region’s numerous national parks and scenic attractions, including Scotts Bluff National Monument and Chimney Rock, making it an excellent choice for nature enthusiasts and adventure seekers.

With 56 comfortable rooms, this property offers a welcoming atmosphere that caters to a diverse range of guests, from tourists and families to business travelers passing through the area. Each room is designed to provide a relaxing stay, ensuring guests have everything they need for a restful experience.

One of the standout features of the Candlelight Inn is the substantial manager’s quarters located onsite. This accommodation not only enhances convenience for the management team but also makes this property a fantastic opportunity for an owner-operator looking for a hands-on investment. The manager’s quarters allow for close oversight of operations, ensuring the highest levels of service and guest satisfaction.

This property presents a unique opportunity for investors and entrepreneurs to own a well-located, high-potential asset in a thriving area. With its strategic location along a major highway, proximity to local attractions, and dedicated manager’s quarters, the Candlelight Inn in Scottsbluff is an exceptional opportunity in the hospitality market.

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Click the “Complete Confidentiality Agreement” button below to access the due diligence files. After you submit the CA form, you will receive an automated email with links to the due diligence files and offering memorandum. 

Brendan “Mac” Bleier
Associate
CA #02084909
(805) 557-8867
mac.bleier@newgenadv.com

BROKER OF RECORD

Andrew Post

NewGen Advisory CA, Inc.

CA #01960611