$500,000
SOLD APR 18, 2025

1404 Rodeo Rd Unit 1420 RODEO RD North Platte, NE 69101

-- Bed
-- Bath
17,036 Sq Ft
0.4 Acres

Recently Sold

$29 Per Sq Ft

41% Below List Price

60 Days on Market

Highlights

  • Ranch Style House
  • Cooling Available
  • Heating Available
  • Brick or Stone Mason
  • Private Entrance

About This Home

As of April 2025

PENDING CONTINGENCY OFFER -TAKING BACK UP OFFERS. INVESTMENT OPPORTUNITY. A CONVERTED MOTEL THAT FEATURES 51 POTENTIAL UNITS ACROSS THREE CONTINUOUS BUILDINGS, OFFERING STRONG POTENTIAL CASH FLOW. THERE ARE 46 STUDIO UNITS AND 5 ONE-BEDROOM UNITS, TWO OF WHICH CAN BE BUILT OUT BY NEW OWNERSHIP. THERE IS IMMENSE POTENTIAL TO INCREASE REVENUE THROUGH STRATEGIC UPDATES AND MODERNIZED APRROACH. WITH NEW DEVELOPMENTS IN THE AREA.

Last Agent to Sell the Property

Joy Epler

COLDWELL BANKER PREFERRED GROUP License #20140045 Listed on: 01/30/2025

COLDWELL BANKER PREFERRED GROUP

Last Buyer's Agent

Blu McGrath

GATEWAY REALTY License #20210095

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,194

Year Built

  • Built in 1962

Lot Details

  • Private Entrance

Home Design

  • 17,036 Sq Ft Home
  • Ranch Style House
  • Brick or Stone Mason
  • Frame Construction
  • Asphalt Roof

Parking

  • No Garage
  • Parking Lot

Utilities

  • Cooling Available
  • Heating Available
  • Master Meter
  • Gas Available
  • Cable TV Available

Community Details

  • Gross Income $175,414

Listing and Financial Details

  • Assessor Parcel Number 0017690.00

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,194

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Style: Ranch
  • Year Built: 1962
  • Miscellaneaous: Master Meters, Individual Heat, Individual Air
  • Second Address Number: 1404
  • Geo Longitude: -100.777705
  • Gross Income: 175,414
  • OFFICELIST_STATE: NE
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 634

Interior Features

  • Basement: No
  • Bedrooms: None
  • Appliances: Applies to Some Units, Private Outside Entry, Private Bath
  • Number Stories: One
  • Square Footage: 17,036
  • Basement Bathrooms: None
  • Basement Type: APARTMENT

Exterior Features

  • Construction: Frame, Brick
  • Roof: Asphalt

Garage/Parking

  • Garage Capacity: None
  • Garage Type: None
  • Parking: LOT / 51 SPACES

Utilities

  • Utilities: Other
  • Water Sewer: City Water, City Sewer

Fee Information

  • Tax Class: MULTI-FAMILY

Lot Info

  • Lot Size: 85,999
  • Parcel Number: 0017690.00

Rental Info

  • Utilities P Owner: Gas, Electric, Water, Garbage, Cable
  • Utilities P Renter: None

Tax Info

  • Taxes: 3,194.38
  • Tax Year: 2024

Multi Family

  • Income Rent: 19,375

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2025
Closed on
Apr 7, 2025
Sold by
Curley 2397 Llc
Bought by
Danlex Property Group Llc
Seller's Agent
Joy Epler
COLDWELL BANKER PREFERRED GROUP
Buyer's Agent
Blu McGrath
GATEWAY REALTY
List Price
$850,000
Sold Price
$500,000
Premium/Discount to List
-$350,000
-41.18%
Views
50
Current Estimated Value
$484,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,159

Purchase Details

Closed on
Sep 3, 2024
Sold by
Curley Jim
Bought by
Curley 2397 Llc

Purchase Details

Closed on
Sep 5, 2017
Sold by
Hawley David S and Hawley Tammy L
Bought by
Curley Jim

Purchase Details

Closed on
May 1, 2012
Sold by
Walker Myron E
Bought by
Hawley David S and Hawley Tammy L

Purchase Details

Closed on
Mar 18, 2010
Sold by
Ib Property Holdings Llc
Bought by
Walker Myron E and Myron E Walker Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $500,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Special Warranty Deed $296,000 First American Title Insuran
Joint Tenancy Deed $200,000 None Available
Special Warranty Deed $80,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2025 04/18/25 Sold $500,000 -41.2% $29 / Sq Ft
03/31/2025 03/31/25 Pending -- -- --
01/30/2025 01/30/25 For Sale $850,000 -- $50 / Sq Ft
Source: Lincoln County Board of REALTORS® (NE)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,194 $238,512 $34,718 $203,794
2023 $4,349 $238,512 $34,718 $203,794
2022 $4,608 $238,512 $34,718 $203,794
2021 $3,170 $163,420 $27,360 $136,060
2020 $3,216 $163,420 $27,360 $136,060
2019 $3,229 $163,420 $27,360 $136,060
2018 $3,222 $162,965 $26,905 $136,060
2017 $3,233 $162,965 $26,905 $136,060
2016 $3,495 $173,075 $26,905 $146,170
2014 $3,767 $172,385 $26,905 $145,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lincoln County Board of REALTORS® (NE)

MLS Number: 26064

Lincoln County Board of REALTORS® (NE)

APN: 0017690.00