Land Area: 393.15 Acres
While this property is currently operating as a motel, this would make a fantastic single family home with opportunities to rent out two other domiciles (the cottage and the cabin). The cottage has the potential to rent for $500/month and the cabin could rent for $350/month.
The property is 1.5 acres and is fully landscaped with an automatic sprinkler system. 101 and 105 Church Street features a beautiful 5-bedroom Victorian home and has an attached additional 6 bedrooms. The entrance to the home has a quiet parlor space with a 1906 piano. Off the parlor, is the entry to the dining room, which seats 25-30 people and could be a great space for large family gatherings. The galley style kitchen has 2 stove tops, 2 stoves and 2 refrigerators, as well as plenty of counter space. Just outside the kitchen is a large patio area.
The home was freshly painted in 2014, and a new roof was installed in 2013. The laundry room has a new commercial technology washer and dryer. A commercial 100 gal hot water tank that services the home and 6 additional bedrooms was replaced in 2014. The water system is run by a well and the water treatment equipment is leased.
The owners have continually worked on curb appeal as well as comfort in the home. The property has been taken care of and the owners are not aware of any needs at this time.
The attached 6-motel style bedrooms have refrigerators, microwaves, and coffee pots. Televisions have been upgraded to flat screens. Pictures of the rooms can be seen on the ganderinn.net website, click on “motel rooms.” As of August 2017, the owners are listing the Hotel rooms on Airbnb along with the cottage and lodge. The calendars will link together between VRBO and Airbnb.
107 Church Street features a cottage that has one bedroom with a small kitchen/dining area and living room. When you look at the ganderinn.net web site, click on “cottage”, there are up to date pictures. The hot water tank in the cottage has also been replaced.
On the same lot, behind the home, the cabin was changed from storage area to living space in 2014, which is the white building in the pictures. This building is completely new on the inside. It is a 1 bedroom with a closet and a private laundry room, bath, full kitchen and a comfortable living room. This would be a great space as a mother in-law apartment, or could be rented out for additional income.
The power supply has been updated, a new 200-amp breaker box for the cabin area, 100-amp service to the kitchen in the Lodge. There are separate breakers for the larger air conditioners that service the rooms.
This is a great chance to own a profitable and growing VRBO, or a great single family home with rental income. The Gander Inn Motel web site is www.ganderinn.net. Trip Advisor is another place to look at the Gander Inn and its popularity. In the fall of 2016 the owners rebranded this property from B&B to vacation rental property. In 2017, the owners listed the Lodge on VRBO and occupancy has jumped 240% over previous years.
Cleaning staff is paid piece work, by the room. This helps manage costs. The cost break down is: room clean, service room and laundry is by the load.
The monthly expenses are:
Dish network………….………. $180.00 “working toward eliminating this service through smart tv’s”
City services……………………… $74.00
The taxes are $1575.00 annually, $131.25 per month.
Total monthly expenses are $1933.25
The rates start at $65.00 per night for motel room, the lodge is $300.00 per night, the cottage rents for $100.00 per night, the cabin $120.00 per night.
The annual gross is just over 100k. They have seen steady growth of 10 to 15 percent each year.
Lewellen is a small town in the panhandle of Nebraska, 18 miles north of the Colorado border, 2.5 hours from Denver. Lewellen is mostly farm and ranch country and the communities rely heavily on tourism. Garden County is host to one of the largest bird migrations in the US, birding season runs from February 20th to April 15th. The popular “Lake Mac” is located 10 miles to the east of the Gander Inn and is host to early fishing tournaments and a very popular lake because of its sandy beaches.
Ash Hollow State Park is 3 miles to the east of the Gander Inn and is rich in the history of the Oregon Trail. Located on Highway 26, it is a popular stopping place for people to learn about the early settlers. Highway 26 is the route to Mount Rushmore which also generates business.
Hunting season starts October 1st and runs through Feb. 7th. The first season is bow, the next season is rifle, for trophy white tail deer. December 1st starts goose season and that runs through Feb. 7th. Garden County is rated as one of the best places to hunt in the U.S. Gander Inn guests come from as far away as south Florida and California.
The owners were advertising in magazines; however, social media has replaced that expense. They now have guests getting off I-80 to stay with them instead of the chain hotels.
Address: 101 Church Street, Lewellen, NE 69147
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Gander Inn or Home - 101 Church St, Lewellen, NE 69147, USA
Gander Inn or Home- 101 Church St, Lewellen, NE 69147, USA