Beautiful Holiday Inn Express in major metro market with revenues of almost $27,000 per key.

Executive Summary

The Holiday Inn Express & Suites is an 8 year old property that underwent a complete PIP in 2015.  The Hotel is located in the major Midwestern Omaha market, with a metro population of over 900,000.  The Hotel is in great shape, has an excellent curb appeal sitting high on top of a hill and has current revenues of over $2,250,000.

Omaha, Nebraska is the home of several Fortune 100 and 500 companies, and is also home to the College World Series.  The CWS is held each year and is a virtual city wide sellout for approximately 10 days every June.  Omaha also hosts Warren Buffett and the Berkshire Hathaway convention, which attracts over 40,000 people to Omaha the first weekend of May each year.  Omaha is also known s a major sports destination for teams and tournaments and holds over 100 tournaments for soccer, basketball, hockey, baseball and other each year.

This Holiday Inn Express has excellent corporate clientele that it has maintained for many years.

Property Details

Address
6939 N. 102nd Circle, Omaha, NE 68122
Price
$7,750,000 
Rooms
84 
Price Per Key
$92,262 
Property Type
Limited Service 
Revenue
$2,250,000 
Website
 

Hotel Description

  • 84 Rooms
  • IHG PIP completed in January 2015
  • Indoor Pool and Spa
  • Beautiful patio off back of hotel
  • Free Wi-Fi
  • Refrigerators and Microwaves in all rooms
  • Several large suites
  • Fitness Room
  • Business Center
  • Continental Breakfast/Great Room
  • Guest Laundry
  • Meeting Room
  • Plenty of Parking

Contact a Broker

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Mike Works

KS
Phone: 402-416-3522
Fax: 402-328-2824