Listing Agents
Min Hoang
T | 949.601.5252
mhoang@paramountlodging.com
DRE#01993433
Adam Montufar
T | 515.446.4181
amontufar@paramountlodging.com
Detailed Information
Location
Property Highlights
- Fee simple interest in the institutionally owned and third-party managed Comfort Suites University Lincoln NE
- Available for individual sale as part of a larger 18-property institutional portfolio sale in the July 28th auction event via Ten-X
- Opportunity to capitalize on strong operating synergies and economies of scale in owning adjacent hotels serving different business sectors
- Offered unencumbered by debt and management with the ability to retain the Comfort Suites flag upon brand approval and completion of the PIP
- Significant operating improvement prospects following completion of the PIP and transfer to a regional owner/operator model with strong local economies of scale
- Proximate to major thoroughfares I-80, I-180, and US Route 6 with upwards of 110,000 vehicles passing the area daily
- Easily accessible to all regional demand generators including the Nebraska State Capitol, University of Nebraska, and Bryan Health Medical Center and St. Elizabeth Health Systems, and Lincoln Airport
- Leisure demand is driven by Pinnacle Bank Arena, University of Nebraska Memorial Stadium, Lincoln Children’s Zoo, Nebraska State Capitol Building, State Museum of Natural History and Sheldon Museum of Art