| Location | South 14 St. & HWY 2; 1511Center Park Rd Lincoln, Nebraska |
| Price | $2,000,000 |
| Rooms | 80 |
| Price Per Key | $26,250 |
| Property Type | Limited Service |
| Revenue | $612,000 (Trailing 12-Months) |
Contact Listing Broker for More Details
The Ramada Limited is an interior corridor property located on the south side of Lincoln, NE. The hotel is conveniently located just 3 miles from downtown Lincoln and minutes from the city’s main attractions, including South Pointe Pavilion shopping mall, Star City Water Park, Lincoln’s Children’s Museum, the state capital building and the University of Nebraska campus.
The hotel features a total of 80 rooms, including a whirlpool suite. The owner has invested over $100,000 worth of improvements into the property, including NEW Serta Pillow Top Beds. Amenities include an seasonal outdoor heated pool, exercise room, wireless high speed internet, courtesy airport and hospital shuttle service and complimentary hot & cold breakfast.
Lincoln is a growing city with a population of 225,000 and is the state capital of Nebraska. There are several demand generators in the area, but none more important than the stability of business related to a major university (enrollment of 23,600 students) and the state capital.
With the attractive price per key and strong location, this hotel is well suited for an owner/operator who recognizes the potential for increased revenues resulting from the ability to attract contract business within a market featuring multiple demand generators.
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Rick Hagerman 913-499-4733 rhagerman@leisurerealestate.com |