Executive Summary
This 90 key Holiday Inn Express Fremont has been a consistent and outstanding performer for a number of years, and continually provides an attractive gross and net income for its owners. Its performance through the pandemic is further proof of the strength of the hotel and the resiliency of the overall market. The offering also features over 4,000 sq. ft. of meeting space, which is a key factor in its high performance. The broad mix of business touches all segments, including transient, local events, commercial, university, government, and meetings/conferences. The Express is a perennial STR leader in all 3 key metrics.
Fremont, NE, (population 28,000) is one of those places where people enjoy the smaller market living, while having quick access to a MSA market of over 550,000. Located on the Platte River, Fremont was once a bedroom community to Omaha (about 20 minutes to the western fringe), but has become a significant commercial hub in its own right. Major employers include those in manufacturing, agriculture, food processing, healthcare, transportation and education. A number of businesses have over 1500 employees, including Valmont Industries, Wholestone Farms, and Lincoln Premium Poultry. In addition, Fremont is home to a community college (MCC) and also Midland University, a four-year private university with nearly 2,000 students, faculty and staff. Midland offers over 30 different majors and 16 post graduate programs.
Finally, Dodge County has historically been a good business and hospitality town. Current unemployment hovers at less than 2.5% and sales tax revenues continue to show an upward trend. During the pandemic, unemployment only reached 8%, half of the national average. Its small market ambiance is appealing, but still close to a major metro area.
If you are looking for a high revenue, attractive cash flow asset priced at below replacement cost, please investigate further by completing the CA form, by clicking the “Buyer CA” icon.
Please do not contact the hotel or management. The staff does not know the hotel is for sale, so please direct all inquiries to the listing broker.
The following link is to the community profile brochure published by the CVB of Fremont & Dodge County.
https://issuu.com/villageprofile/docs/fremont_ne/44
