Quality Inn & Conference Center/Suburban Extended Stay by Choice Hotels

• Building Size: 108,917 sq. ft.
• Lot Size: 6.10 acres
• Year Built: 1967
• Sale Price: $4,950,000

Property Features

• Lot size: 6.10 acres
• Building size: 108,917 sq. ft.
• Quality Inn Rooms: 100
• Suburban Extended Stay Hotel Rooms: 49
• Zoning: Commercial
• 150 paved, on-site parking spots
• Brand new elevator
• Year Built:1967
• 2021 ADR:
  • Quality Inn – $94.64
  • Suburban Inn – $41.56
• 2021 Revenue:
  • Quality Inn – $1,846,139
  • Suburban Inn – $606,184
• Cap rate: 15% TTM
• 2021 Occupancy Rate:
  • Quality Inn – 53.25%
  • Suburban Inn – 83.45%

Pricing

• Price: $4,950,000 ($33,221.48/ key)
• 2021 Real Estate Taxes: $134,719
• Financials available upon request – Complete Confidentiality Agreement for release of financials

Location

• Conveniently located off I-80 on U.S. 281
• Population: 51,000
• Area neighbors include: Phillips 66 Gas Station, Nebraska Peterbilt, Boss Truck Stop, Mormon Island State Recreation Area

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