905 O St - Hospitality FOR SALE


Lincoln, NE 68501- Downtown Lincoln
$21,500,000 USD
307-686-9500
905 O St, Lincoln, NE for Sale
$21,500,000 USD
Hospitality - FOR SALE
1/28
null | Request Cap Rate


HIGHLIGHTS

  • 139 Units
  • Downtown Location
  • Strong brand and following

OVERVIEW

The Holiday Inn Express & Suites Downtown Lincoln is a nationally branded hotel located in the heart of Lincoln’s central business district, offering exceptional proximity to the city’s most powerful and consistent demand generators. The property benefits from outstanding walkability to the University of Nebraska Lincoln, the Nebraska State Capitol, the Haymarket District, Pinnacle Bank Arena, Memorial Stadium, and Lincoln’s expanding downtown entertainment and dining corridor. Lincoln is one of the strongest sports-driven hotel markets in the Midwest, with year-round demand anchored by Nebraska Cornhuskers football, volleyball, basketball, baseball, hockey, and a robust calendar of youth and amateur sporting events. Nebraska football games routinely draw crowds so large that Memorial Stadium effectively becomes the third-largest “city” in the state on game days, creating compression-level hotel demand across the metro area. Operating under the globally recognized Holiday Inn Express brand, the hotel captures a diverse mix of business, government, university, leisure, and sports-related travelers. The downtown location also positions the asset to directly benefit from ongoing and planned redevelopment projects in Lincoln’s urban core, including public and private investments tied to entertainment, convention activity, mixed-use development, and infrastructure enhancements. This offering represents a rare opportunity to acquire a flagged, downtown hotel in a capital city with durable fundamentals, limited new supply, and multiple demand drivers that operate year-round rather than seasonally. • Irreplaceable Downtown Location Centrally positioned within walking distance of Lincoln’s primary business, government, university, sports, and entertainment drivers an increasingly rare attribute for newer or replacement hotel development. • Exceptional Sports-Driven Demand Lincoln is a nationally recognized sports market, anchored by Nebraska Cornhuskers football, top-ranked volleyball, Big Ten basketball, baseball, hockey, major tournaments, and youth sports events that fill hotels throughout the year. • Year-Round, Diverse Demand Base Demand is not dependent on a single industry, supported by state government activity, the University of Nebraska, corporate travel, concerts, conventions, leisure travel, and regional sporting events. • Future Downtown Development Tailwinds The hotel is well positioned to benefit from continued investment in downtown Lincoln, including entertainment, event, mixed-use, and infrastructure projects that are expanding visitation and extending length of stay. • Strong National Brand Affiliation Holiday Inn Express offers global brand recognition, loyalty-program demand, and standardized operating systems attractive to both institutional and owner-operator investors. • Supply-Constrained Market Downtown Lincoln has limited available sites for new full-service or select-service hotel development, supporting long-term occupancy and rate stability. • Optional Ancillary Income Potential The property includes optional street-level tenant space, offering flexibility for additional income or adaptive reuse depending on ownership strategy.

FOR SALE DETAILS

PRICE

$21,500,000 USD

PRICE/SF

$175 USD /SF

# OF ROOMS

139

PRICE/ROOM

$154,676 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Holiday Inn Express & Suites Lincoln

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

6

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2021

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,710 SF

ZONING

B4

APN/PARCEL ID

10-26-201-014-000

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.