19040 Evans St - Hospitality FOR SALE


Elkhorn, NE 68022
$14,850,000 USD
307-686-9500
19040 Evans St, Elkhorn, NE for Sale
$14,850,000 USD
Hospitality - FOR SALE
1/18
null | Request Cap Rate

19040 Evans St
Elkhorn, NE 68022


HIGHLIGHTS

  • Balanced Demand Mix
  • Long Term Grown Potential

OVERVIEW

The Holiday Inn Express West Omaha – Elkhorn represents a premier hospitality investment opportunity strategically positioned within one of the fastest-growing and most desirable submarkets in the Omaha metropolitan area. Located along the highly trafficked West Dodge Road corridor, the property benefits from exceptional visibility, accessibility, and proximity to a diverse range of demand drivers. This well-maintained, nationally recognized branded asset offers guests the consistency and reliability associated with the IHG Hotels & Resorts platform, catering to both business and leisure travelers seeking modern accommodations in the rapidly expanding West Omaha corridor. Prime Location in Omaha’s Growth Corridor Situated in Elkhorn—widely considered the heart of West Omaha’s expansion—the property is surrounded by strong residential growth, new commercial development, and expanding infrastructure. Immediate access to West Dodge Road (U.S. Highway 6) provides seamless connectivity to: Downtown Omaha and major employment centers Eppley Airfield Regional healthcare systems, universities, and corporate offices Diverse & Durable Demand Drivers The property is ideally positioned to capture a broad mix of lodging demand, including: Corporate and project-based travel from nearby business parks Retail and commercial demand anchored by Village Pointe Medical and service-related overnight stays Leisure and family travel driven by West Omaha’s amenities and quality of life Additionally, Omaha’s continued expansion in youth sports and regional events creates consistent occupancy compression, further supporting RevPAR growth in the West Omaha submarket. High-Growth, Undersupplied Submarket West Omaha—and Elkhorn specifically—continues to experience strong population and income growth, driven by new housing developments and in-migration. Despite this expansion, hotel supply has remained relatively limited, positioning the property to benefit from: Increasing lodging demand Favorable competitive dynamics Long-term rate growth potential The Holiday Inn Express West Omaha Elkhorn offers investors the opportunity to acquire a stabilized, branded asset in a high-growth corridor with strong underlying fundamentals. As Omaha continues its westward expansion, the property is well-positioned to capture increasing demand while benefiting from limited new supply and a highly desirable suburban location.

FOR SALE DETAILS

PRICE

$14,850,000 USD

PRICE/SF

$278 USD /SF

# OF ROOMS

90

PRICE/ROOM

$165,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Holiday Inn Express West Omaha Elkhorn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2019

PARKING SPACES

84

LAND DETAILS

LAND ACRES

2.19 AC

LAND SF

95,196 SF

ZONING

C-1

APN/PARCEL ID

0523-3803-18,0523-3803-20

ASK ABOUT THIS PROPERTY

Pat GreenHCBRE, LLCMore Info
307-686-9500

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Pat GreenHCBRE, LLCMore Info
307-686-9500

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