Econo Lodge Scottsbluff 2202 Delta Dr 55 Room Hotel Scottsbluff, NE 69361 $3,622,412 CAD ($65,862 CAD/Room) 11.20% Cap Rate

Marcus & Millichap is pleased to present the exclusive offering of the Econo Lodge® Scottsbluff, a fully renovated 55-room hotel within a western Nebraska’s leading regional hub. Completed in 2023, the property underwent extensive renovations to guestrooms, public areas, and building systems, creating a turnkey asset with minimal near-term capital requirements and improved operational efficiency. Strategically positioned on U.S. Highway 26, the hotel benefits from excellent visibility and proximity to key demand drivers including Scotts Bluff National Monument, Riverside Discovery Center, Chimney Rock, the Midwest Theater, and Western Nebraska Community College. The property is also just three miles from Western Nebraska–Scottsbluff Regional Airport and minutes from shopping, dining, and downtown services, ensuring consistent traffic from leisure, business, and extended-stay travelers. Guestrooms feature modern amenities such as mini-fridges, microwaves, coffee makers, flat-screen TVs, work desks, and private bathrooms. Complimentary breakfast, WiFi, and coffee service are paired with an indoor pool, business center, outdoor seating, ample parking, and pet-friendly policies—enhancing the hotel’s appeal to a broad customer base. The Econo Lodge Scottsbluff is being offered at an attractive 11.2 percent cap rate. In 2024, the hotel generated $766,324 in room revenue with a 21.1 percent total return. Occupancy reached 41.3 percent with an ADR of $91.68, producing a RevPAR of $37.86, underscoring its solid performance within the economy segment. Importantly, the property offers meaningful upside potential through improved management strategies and targeted marketing initiatives. Opportunities include optimizing revenue management practices to drive occupancy, leveraging Choice Hotels’ robust distribution and loyalty platforms, and expanding outreach to capture additional demand from nearby attractions, corporate accounts, and Western Nebraska Community College. With its comprehensive renovation, strong brand affiliation, in-place cash flow, and additional upside through enhanced operations, the Econo Lodge Scottsbluff presents investors with a rare opportunity to acquire a stabilized yet growth-ready hospitality asset in a market with limited competition and durable regional demand.