Super 8 by Wyndham

1223 Omaha Avenue, Norfolk, Nebraska, USA
Download Spec Sheet
  • Total Available Space: 22,948 sq. ft.
  • Building Size: 22,948 sq. ft.
  • Suite Size: 22,948 sq. ft.
  • Lot Size: 2.06 acres
  • Year Built: 1977
  • Sale Price: $1,990,000

Property Features

  • 66 room hotel – including 2 rooms converted to apartments
  • Building size: 22,948 sq. ft.
  • Lot size: 2.06 acres (561’ x 160’)
  • 65.73% annual occupancy
  • ADR $59.33
  • Year built: 1977
  • 66 surface parking spots
  • All showings must be set up by broker

Pricing

  • Price Reduced: $1,990,000 ($30,151.51/ key)
  • Price includes FF&E
  • 2019 Real Estate Taxes: $20,009
  • 2019 revenue: $863,588
  • Wyndham contract expires 2034
  • 12% cap rate
  • Financials available upon request

Location

  • Located just off Highway 81 in Norfolk, NE – hometown of Johnny Carson
  • Population: 23,000
  • Area neighbors include: Perkins, Bomgaars, Country Inn & Suites

Property Broker