Kimball Extended Stays

$349,900
607 E 3rd 4
607 E 3rd 1
607 E 3rd 2

Property Details

ID: 115328
Status: Available
Price: $349,900
Acres: 0.48
Type: Commercial
Address: 607 E 3rd St.
City, State: Kimball, Nebraska
County: Kimball
Zip Code: 69145
Presented By: Natacha Gaspar

Description

Excellent investment opportunity featuring 16 updated rental units, an on-site office, and a 4-bedroom, 2-bath home, all situated in a highly visible location along the main thoroughfare through Kimball. With a versatile mix of single and double-bed accommodations, kitchenette units, ample parking, and operational support spaces, this property is well positioned for short-term, extended-stay, workforce, or traveling professional accommodations.

  • 16 updated rental units
  • 9 one-bed kitchenette units - Rooms 7, 9-16
    • Walk-in showers
    • Mini refrigerators
    • Microwaves
    • Hot plates

  • 4 one-bed units - Rooms 1, 2, 4 & 5
    • Bathtubs
    • Mini refrigerators
    • Microwaves
    • No full kitchenette

  • 3 two-bed kitchenette units - Rooms 3, 6 & 8
    • Rooms 3 & 6 feature bathtubs
    • Room 8 features a walk-in shower
    • Kitchenette accommodations

  • On-site 4-bedroom, 2-bath home
    • Basement bedrooms are non-egress
    • Provides additional rental, manager, or owner-occupant possibilities

  • Newly remodeled office
  • Dedicated storage areas for cleaning supplies and housekeeping operations
  • Two laundry rooms with the potential to add coin-operated laundry machines
  • Ample on-site parking
  • High-visibility location along a primary roadway through Kimball
  • Units have been updated and are ready for continued operation
  • Flexible property setup offering multiple potential revenue streams

This is a unique opportunity to acquire an established lodging property with the infrastructure already in place for day-to-day operations. The combination of 16 rental units, an additional residence, office space, operational storage, laundry facilities, and excellent visibility creates an attractive opportunity for an investor or owner-operator looking for an income-producing property in Kimball.

Showing Instructions:

Text or call LA w/at least 24 hour notice. 

Additional Details

Home Details

Beds: 20
Full Baths: 18
Half Baths: 1
Year Built: 1927
Foundation: Concrete Perimeter
Exterior Materials: Stucco
Roof: Asphalt
Water Source: Public

Additional Info

Road Type: Asphalt
Road Frontage: City Street
Current Use: Multi-Family
Possible Use: Multi-Family

Financial

Parcel ID: 530038242
Listing Terms: Cash, Conventional
Taxes (annually): $4,712
Tax Year: 2026
Legal Description: LOCKWOOD'S ADD. BLOCK 3 S. 170' OF W. 125' OF BLOCK 3 (CARD #21)** 607 EAST 3RD STREET (to be confirmed by title)

#1 Properties Ranch & Recreation LLC uses reasonable efforts in collecting and preparing materials and information regarding properties. While the information is believed to be reliable, due to the rapidly changing nature of the real estate market and our reliance on information provided by outside resources, the information is not guaranteed. Information is also subject to change, withdrawal, or correction.

 Potential purchasers should independently verify any information and conduct their own due diligence. #1 Properties Ranch & Recreation LLC makes no representations or warranties about the property or the accuracy or completeness of the information concerning the property, including, but not limited to, each of the following: (a) acreage counts and legal descriptions, (b) distances, sizes, square footage, and other measurements, (c) water and mineral rights information, and (d) soil types, production, carrying capacity, or income potential.

 Information is only provided for the purpose of assisting potential purchasers in identifying prospective properties they may be interested in purchasing. #1 Properties Ranch & Recreation LLC is not liable for any inaccuracies, errors, or omissions regarding information about the property or losses that result from the use of this information. Potential purchasers should conduct their own due diligence including, but not limited to, a legal and financial review before purchasing.

Natacha Gaspar
Natacha Gaspar
Agent

Ask Natacha a Question

Get Financing

# Payment Interest Principle Balance

Contact An Agent

Ask Natacha About This Property

Nearby Properties Around Kimball County

Kimball County, NE
Huge Price Reduction! This established bar and grill in downtown Kimball offers a fantastic opportunity for a turnkey business with plenty of room to expand and make it your own. With all equipment, pool tables, skill games, inventory and more includ...
0.28± Acres
|
$269,950
Kimball County, NE
Highly functional office building in a desirable Kimball commercial area, set among other professional services and retail. The entry opens to a large reception area designed for easy client flow, with visibility to multiple office doors. The interio...
0.08± Acres
|
$79,900
Kimball County, NE
Discover 123.83 +/- acres of pastureland that is optimally located adjoining to the town of Kimball. Overlooking the high school football field and sharing a fence with the Kimball community trail area, this prime property boasts tremendous views, ma...
123.83± Acres
|
$425,000

More Properties from Natacha Gaspar

Kimball County, NE
This CRP is located approximately 13 miles northwest of Kimball. Offering a great opportunity to expand an existing farming operation in the future or begin your own. The proximity to Pine Bluffs and Kimball gives easy access to town and major servic...
631.76± Acres
|
$533,800
Under Contract
Kimball County, NE
This well-maintained investment opportunity offers a rare combination income probability, diversified use, and future growth potential. The property includes 26 storage units with a desirable mix of sizes ranging from 10'x14' to 24'x14', allowin...
2.17± Acres
|
$399,900
New Listing
Kimball County, NE
Welcome to country living on 4.96 beautifully maintained acres, where pride of ownership is evident inside and out. This lovely one-level home offers 3 bedrooms, 2 bathrooms, and an attached 2-car garage, providing a comfortable and functional layout...
4.96± Acres
|
$379,900