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Rodeway Inn & Suites Sidney Downtown, I-80 935 9th Ave 47 Room Hotel Sidney, NE 69162 $1,027,215 CAD ($21,856 CAD/Room) 13.20% Cap Rate

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Investment Highlights

  • 47 fully renovated guest rooms
  • 6 Additional Units provisioned for owner/operator
  • 140 seat meeting/bar/restaurant/event space
  • 55% below competitive set RevPAR
  • strategically situated downtown Sidney with convenient access to i-80, highway 30, and highway 385
  • Priced significantly below replacement cost at $16,000/key

Executive Summary

The Rodeway Inn & Suites Sidney represents an exceptional opportunity for an
owner-operator or local hospitality buyer to acquire a fully renovated, turnkey hotel
with meaningful upside in a stable, financeable market. The property is currently
operating more than 55% below the competitive set in RevPAR, despite its downtown
location, recent renovations, and strong physical condition, creating a clear path for
revenue growth under hands-on ownership and professional revenue management.
The hotel has been extensively renovated between 2020 and 2025, eliminating near term capital
expenditure risk and allowing a new owner to focus immediately on
operations, pricing strategy, and market penetration rather than deferred
maintenance. The asset is located in downtown Sidney, offering walkable access to
dining and local amenities, combined with immediate proximity to Interstate 80,
Highway 30, and Highway 385—an ideal mix for capturing both transient and
extended-stay demand.
With a diverse room mix, seven kitchenette-equipped units, and on-site meeting,
event, bar, and restaurant space currently underutilized, the property offers
multiple levers for incremental revenue growth. The existing franchise affiliation
provides attractive, low-cost terms with flexibility to continue, reflag, or operate
independently, further enhancing operational control and exit optionality.
Offered at a basis below replacement cost and generating in-place cash flow, the
property is well-suited for conventional or SBA-style financing, making it
particularly attractive to local buyers, regional operators, and experienced hoteliers
seeking a hands-on asset with immediate RevPAR and NOI upside. With renovations
complete and infrastructure in place, this is a true plug-and-play opportunity to
close the performance gap with the competitive set and drive outsized returns
through active ownership.

Property Facts

Price $1,027,215 CAD
Price Per Room $21,856 CAD
Sale Type Investment
Cap Rate 13.20%
Sale Condition Business Value Included
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.40 AC
Building Size 24,876 SF
No. Rooms 47
No. Stories 2
Year Built/Renovated 1960/2022
Parking Ratio 0.92/1,000 SF
Corridor Exterior
Zoning C-1 - Commercial Zoning

Amenities

  • Business Center
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Fully-Equipped Kitchen
  • Digital key

About 935 9TH AVE , SIDNEY, NE 69162

The Rodeway Inn & Suites Sidney represents an exceptional opportunity for an owner-operator or local hospitality buyer to acquire a fully renovated, turnkey hotel with meaningful upside in a stable, financeable market. The property is currently operating more than 55% below the competitive set in RevPAR, despite its downtown location, recent renovations, and strong physical condition, creating a clear path for revenue growth under hands-on ownership and professional revenue management. The hotel has been extensively renovated between 2020 and 2025, eliminating near term capital expenditure risk and allowing a new owner to focus immediately on operations, pricing strategy, and market penetration rather than deferred maintenance. The asset is located in downtown Sidney, offering walkable access to dining and local amenities, combined with immediate proximity to Interstate 80, Highway 30, and Highway 385—an ideal mix for capturing both transient and extended-stay demand. With a diverse room mix, seven kitchenette-equipped units, and on-site meeting, event, bar, and restaurant space currently underutilized, the property offers multiple levers for incremental revenue growth. The existing franchise affiliation provides attractive, low-cost terms with flexibility to continue, reflag, or operate independently, further enhancing operational control and exit optionality. Offered at a basis below replacement cost and generating in-place cash flow, the property is well-suited for conventional or SBA-style financing, making it particularly attractive to local buyers, regional operators, and experienced hoteliers seeking a hands-on asset with immediate RevPAR and NOI upside. With renovations complete and infrastructure in place, this is a true plug-and-play opportunity to close the performance gap with the competitive set and drive outsized returns through active ownership.

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 4 $130.11 CAD -
Guest Room 43 $112.31 CAD -

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 170055892
  • 170055906
  • 170055884
Land Assessment
$145,011 CAD
Improvements Assessment
$582,181 CAD
Total Assessment
$727,192 CAD
  • Listing ID: 38903571

  • Date on Market: 2025-12-25

  • Last Updated:

  • Address: 935 9th Ave, Sidney, NE 69162

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