4231 Industrial Ave - Hospitality FOR SALE
Lincoln, NE 68504 |
4231 Industrial Ave
Lincoln, NE 68504
HIGHLIGHTS
- Fee simple interest in the institutionally owned and third-party managed Comfort Suites University Lincoln.
- Offered unencumbered by debt and management with the ability to retain the Comfort Suites flag upon brand approval and completion of the PIP.
- Available for individual sale as part of a larger 18-property institutional portfolio sale in the August 1st auction event via Ten-X.
- Significant operating improvement prospects following completion of the PIP and transfer to a regional owner/operator model.
- Opportunity to capitalize on strong operating synergies and economies of scale in owning adjacent hotels serving different business sectors.
- Near major thoroughfares I-80, I-180, and US Route 6 with upwards of 110,000 vehicles passing the area daily.
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Comfort Suites University Lincoln
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
31652
STORIES
3
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
1994
PARKING SPACES
57
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
I1
APN/PARCEL ID
17-07-105-001-000
