Quality Inn by Choice Hotels

1133 Belmont Avenue, Lincoln, NE, USA
Download Spec Sheet
  • Total Available Space: 33,323 sq. ft.
  • Building Size: 33,323 sq. ft.
  • Lot Size: 1.95 acres
  • Sale Price: $2,400,000

Property Features

  • 61 room hotel
  • Building size: 33,323 sq. ft.
  • Lot size: 1.95 acres (84,942 sq. ft.)
  • 61 paved, on-site parking spots
  • 2019 Occupancy: 63.5%
  • 2019 ADR: $73.81
  • 2019 Rev Par: $46.59
  • Cap Rate: 5%
  • 2019 Revenue: $638,000
  • Year built: 1995/ addition in 1999
  • Zoning: Commercial

Pricing

  • Price: $2,400,000 ($39,344.26/ key)
  • 2019 Real Estate Taxes: $37,684.24
  • Financials available upon request

Location

  • Conveniently located just off the I-180 and Cornhusker Highway intersection in Lincoln, Nebraska, home to the University of Nebraska
  • Lincoln, NE population: 288,000
  • Area neighbors include: Burger King, Runza, Boss’s Pizza, McDonald’s, KFC

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