Executive Summary
Leisure Real Estate Advisors is pleased to announce it has been retained as exclusive marketing agent for the potential sale of this Holiday Inn Express & Suites, Columbus, NE. This 90 key Express & Suites is well positioned on Hwy 30, in the heart of Columbus and was developed and built by one of the most respected developers in Nebraska. This Express has been superior top line performer and has delivered consistent cash flow to its owner. The hotel has undergone a Formula blue PIP (2019) and features a variety of suites, many with sitting areas and two TVs.
Columbus is an interesting and diverse business community of about 24,000. It is known for its manufacturing and agribusiness, as well as its healthcare facilities. Large international manufacturers include Becton Dickinson, (medical technology) and Behlen Manufacturing (ag products). Nebraska Public Power has its HQ in Columbus. Archer Daniels Midland (ADM) has a large grain processing facility in Columbus. In addition to the foregoing businesses, Columbus is becoming a gaming tourism destination, with the May 2024 opening of a $75 million Harrah’s Racetrack & Casino, managed by Caeser’s Entertainment. Caeser’s is a household name in the gaming business and is known for the quality of and the public’s attraction to their gaming venues. Harrah’s offers 500 slots, 14 gaming tables, a sportsbook, several restaurants and features a one-mile thoroughbred track.
Columbus has proven to be a very good business town and with the addition of a new Harrah’s casino, the tourism appeal of the City should be greatly increased.
Notable national & global employers:
- Behlen Manufacturing Co, (ag equipment)
- Becton Dickinson (medical products)
- Archer Daniels Midland (ADM) (food processing)
- Cargill (crop production)
- Vishay (electronics)
- Menard’s (retail)
Other attractions:
- Harrah’s Racetrack & Casino (gaming & thoroughbred racing)
- Andrew Jackson Higgins National Memorial
- Pawnee Plunge Water Park
