Super 8 Fremont, Nebraska. This excellent 39 room indoor corridor property has received a complete remodel since 2013. It switched to Super 8 in late 2013 and has seen revenues almost double.

Executive Summary

The Super 8 in Fremont, Nebraska has undergone a complete transformation in making the conversion to Super 8 in late 2013.  Everything from the lobby, breakfast room, carpets, beds, furniture, lighting and TVs in the rooms to a new roof, new Anderson windows, new water heaters and a new commercial washer have been replaced. What the owners have ended up with is an excellent hotel that is showing 80% increases in revenue.

Fremont has a population of 26,000 people, features several large employers, an excellent school system with two higher level education institutions (Midland University and Metro Community College), a newly renovated and expanded regional hospital and medical center, and a progressive attitude.  Fremont also is conveniently located only 30 minutes from Omaha, Nebraska and 1 hour from Lincoln, Nebraska.

The Super 8 is an excellent property for an owner/operator looking to move up or an investor who enjoys very solid cash flow and the knowledge that no capital improvements will be needed at the property for the next 7-10 years.

Property Details

Address
1250 E. 23rd St, Fremont, NE 68025
Price
$1,695,000 
Rooms
39 
Price Per Key
$43,461 
Property Type
Limited Service 
Revenue
$510,000 
Website
 

Hotel Description

  • Keyless Entry
  • Free Wi-Fi
  • Newly Remodeled Rooms
  • Newly Remodeled Lobby
  • 42″ Flat Screen TVs
  • Microwave and Fridge in all rooms
  • In-room Coffee
  • Spacious newly remodeled Living Quarters with full kitchen
  • Walking distance to Mall and Restaurants
  • Truck Parking
  • Additional Land for Development

 

Contact a Broker

Mike Works Headshot

Mike Works

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