1511 Center Park Rd - Hospitality FOR SALE


Lincoln, NE 68512- South Lincoln
$2,950,000 USD
805-557-8857
1511 Center Park Rd, Lincoln, NE for Sale
$2,950,000 USD
Hospitality - FOR SALE
1/8
null | Request Cap Rate

1511 Center Park Rd
Lincoln, NE 68512
South Lincoln


HIGHLIGHTS

  • 66 Units, 2-Story Property with Interior Corridors
  • $1,017,132 TTM Revenue Through June 2026
  • Priced to Sell at 2.9x Current Revenue
  • 2025: $859,134 Revenue | $301,327 NOI
  • 2024: $894,110 Revenue | $313,949 NOI
  • Upside Potential: 84% RevPAR Index | 2,000+ SF On-Site Manager Apartment Ideal for Owner-Operator

OVERVIEW

The Quality Inn presents a compelling opportunity to acquire a stabilized, interior-corridor hotel in the resilient Lincoln, Nebraska market. This 66-room property captures a lucrative mix of demand from the State Capitol, the University of Nebraska-Lincoln, and major attractions like the Lied Center and Nebraska Historical Museum. The hotel’s interior-corridor design offers a distinct competitive edge over local motels, ensuring year-round guest comfort and significantly lower utility overhead for ownership. Perfectly suited for an owner-operator, this asset combines midscale appeal with high-performance fundamentals. The efficient limited-service model, featuring complimentary breakfast, a seasonal pool, and ample free parking, minimizes operational complexity while maximizing profit margins. Investors can rely on consistent government and corporate travel baselines, while leveraging significant revenue upside during high-compression events such as University graduations and "Husker" football weekends.

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$68 USD /SF

# OF ROOMS

66

PRICE/ROOM

$44,697 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Quality Inn & Suites Lincoln South

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1978

PARKING SPACES

94

LAND DETAILS

LAND ACRES

1.84 AC

LAND SF

80,150 SF

ZONING

I2

APN/PARCEL ID

09-12-101-003-000

ASK ABOUT THIS PROPERTY

Kenneth CaroBowman Post GroupMore Info
805-557-8857

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Kenneth CaroBowman Post GroupMore Info
805-557-8857

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.