607 E 3rd St Kimball, NE 69145

Exceptional investment opportunity in a highly visible location along the main thoroughfare through Kimball! This updated short-term/extended-stay property features 16 rental units, a newly remodeled office, and an additional 4-bedroom, 2-bath home, offering multiple potential income streams and flexibility for an owner-operator or investor. The unit mix includes four 1-bed units (Rooms 1, 2, 4 & 5) with bathtubs, mini refrigerators and microwaves; nine 1-bed kitchenette units (Rooms 7 & 9–16) with showers, mini refrigerators, microwaves and hot plates; and three 2-bed kitchenette units (Rooms 3, 6 & 8). Rooms 3 & 6 feature bathtubs, while Room 8 offers a walk-in shower. All rental units have been updated and are designed to accommodate a variety of short-term and extended-stay needs. The property also includes dedicated storage areas for housekeeping and cleaning supplies, along with two laundry rooms that provide the opportunity to add coin-operated machines for additional convenience and potential revenue. The on-site home offers 4 bedrooms and 2 bathrooms, with the basement bedrooms being non-egress, and could provide additional rental income, manager housing or owner accommodations. Excellent on-site parking, strong visibility and a convenient location make this a compelling opportunity for workforce housing, traveling professionals, extended-stay guests or traditional short-term lodging. With the infrastructure already in place and multiple avenues for income, this is a unique opportunity to acquire a versatile lodging property in Kimball.