Staybridge Suites (north Lincoln) - Lincoln, NE

Gorgeous high income Staybridge Suites in Lincoln, Nebraska!

Property Details

Address 2701 Fletcher Ave, Lincoln NE 68504 (view map)
Price 10,900,000
Rooms 109
Price Per Key 100,000
Property Type Extended Stay
Revenue $2,750,000

Executive Summary

Amazing Staybridge Suites with great revenues available in Lincoln, Nebraska!

Built in 1999 and ideally suited to meet the demand of nearby business, the Staybridge Suites is a three floor, all-suite hotel with fully equipped kitchens, full size appliances, dish-ware and utensils.  Suite types include: Studio Suite, One-Bedroom Suite, Two-Bedroom Suite and Conference Suites.  Other amenities incude free wireless internet, a 24-hour business center, meeting rooms, on-site guest laundry, fitness center and a heated outdoor pool and hot tub.

The Staybridge Suites is located in the capitol city of Lincoln, Nebraska (population 250,000+), home of the Nebraska Cornhuskers, Nebraska State Government, Pinnacle Bank Arena and significant corporate business.   

The Staybridge Suites has generated excellent revenues (over $25,000 per key for many years) and a solid bottom line for many years.  A PIP was completed in 2010 and another 10 year license is available through IHG.

Jump on this Staybridge while it remains available!

Contact an Associate

Mike Works Mike Works
402-416-3522 (office)
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Hotel Description

* 109 Suites

* Fully Equipped Kitchens

* Meeting Rooms

* Fitness Center

* Outdoor Heated Pool & Hot Tub

* Guest Laundry

* Airport Shuttle Service

* Evening Receptions Monday-Wednesday

* Located in Lincoln, Nebraska

* Impressive Operating Stats: 75% occupancy, $91 ADR, $68 RevPar (2015)

* Extended stay model with option of weekly housekeeping results in impressive NOI