Holiday Inn Express & Suites - Nebraska City, NE

Property Details

Address SE Corner of Highway 75 and Highway 2, Nebraska City NE 68410
Price $7,600,000
Rooms 76
Price Per Key $100,000
Property Type Limited Service

Executive Summary

The Holiday Inn Express & Suites is located in Nebraska City, NE. It is located in a highly traveled location off of Highway 2 and Highway 275. Nebraska City has not had a new hotel in over a decade. The Hotel project has also been awarded over $1 million in TIF (Tax Increment Financing) incentives from the city.

The Holiday Inn Express & Suites is a 3 story hotel that will open on approximately July 1, 2018. It is a prototype hotel that meets all of the Holiday Inn Express Formula Blue specifications. The new owner will enjoy a 20 year license with IHG.

Hotel Description

Nebraska City, Nebraska is young lively community of around 7,400 people located right off of the Missouri River. Interstate 29 headed from Omaha, NE to Kansas City runs just east of town causing high traffic flow. Nebraska City is a local hub for businesses in the area and has a vibrant downtown which specializes in antiques. Nebraska City is one hour from both Omaha and Lincoln and approximately 2 hours from Kansas City.

The Holiday Inn Express is being built on the southwest corner of Highways 75 and 2 on the south side of Nebraska City. It has great visibility and looks down on the intersection.