The Drop Tyne Lodge in Franklin, Nebraska represents an excellent opportunity to purchase a well-established turnkey independent motel. The offering is a 15-unit (10 double and 5 single rooms) exterior corridor motel and a fully furnished two-bedroom apartment. The oversized room units are equipped for comfort and convenience that most motels don’t offer. Extended stay guests will feel right at home with all the extra room space. The 5 one bed units average 300 sf. and 10 double units average 330 sf. The rooms come complete with a modern bedroom set, television, refrigerator, microwave, coffee maker, sleeper sofa or recliner. The fully furnished second-floor apartment is approximately 1,100 sf with two large bedrooms, a full bath, large living room and kitchen (all late model appliances).
The owners of the property have made many quality improvements over the last few years, including remodeling the lobby/lodge area, the apartment, updated the bedroom sets in all the rooms, all new bedding, flat screen tv’s (6), newer metal roof, all new A/C heat units to the rooms, keyless door locks, high efficient central heat and air in the lobby/lodge area, laundry room and apartment.
The Drop Tyne Lodge is the only motel in town! Located on Highway 10, a high traffic highway that feeds off Interstate 80 and Highway 36. Franklin features a strong agriculture business climate and is home to some of the best deer and pheasant hunting in the State. Hunting season brings an influx of guests to the motel as well as Harlan County Reservoir (20 miles west) the second largest lake in the State of Nebraska.
Drop Tyne Lodge Features
2018 Property Taxes: $4, 175
Built in 1993
Low Maintenance brick and metal exterior.
Two Laundry Room Facilities: 4 Washers and 5 Dryers.
200 Amp Electric Service
Service hallway for easy access to each rooms plumbing and water lines.
Large concrete parking lot.
Ring Door system at the front desk.
Double Pane Casement Windows.
Hickory Wood Floors and Stone Fireplace in Lodge/Lobby
Excess land in the rear for a possible storage unit location.
Online Hotel Booking and Reservation System. Linked to Expedia, Hotels.com, Priceline, Airbnb plus many more.