1511 Center Park Road Hospitality
  • Asking Price
    $3MAsking Price
  • Price/SF
    $72.08Price/SF
  • Total Rooms
    66Total Rooms
  • Size
    40,928 SFSize
  • Built
    1978Built
  • Acres
    ~1.84 acAcres

Description

Quality Inn is a 66-room hotel offered for sale at 1511 Center Park Road in Lincoln, NE. Its interior-corridor layout and limited-service format give an owner-operator a defined lodging operation on a 1.84-acre property. Built in 1978, the hotel pairs interior corridors with complimentary breakfast, a seasonal pool and free parking. An on-site manager apartment adds a practical option for an owner-operator overseeing day-to-day service. Together, these features shape a guest offering centered on straightforward accommodations while giving ownership space to manage the operation from the property. Lincoln’s State Capitol and the University of Nebraska-Lincoln are among the institutions that bring visitors to the city. The Lied Center and Nebraska Historical Museum add reasons for leisure and event-related stays. For a hotel buyer, that mix matters because it places the property’s guest offering in the path of different trip purposes, from government and university visits to cultural events. The Quality Inn’s limited-service format gives an operator a way to serve those guests without relying on a broad food-and-beverage operation. The asking price is $2,950,000. For an owner-operator, the combination of 66 rooms, on-site management space and a focused service model supports a hands-on operating approach. An investor can likewise approach the purchase through the hotel’s existing operating format and the range of Lincoln visitor activity.

Offering Summary

  • Asking Price
    $2,950,000
  • Price PSF
    $72.08
  • Price/Unit
    $44,697
  • Property Type
    Hospitality
  • Size
    40,928 SF
  • Built
    1978
  • Total Acres
    ~1.84 ac

Documents

Property Address

1511 Center Park Road
Lincoln, NE 68512

Property Details

  • Property Type
    Hospitality
  • Total Rooms
    66
  • Year Built
    1978
  • Acres
    1.84
  • Zoning
    H3
  • APN
    09-12-101-003-000

Deal Team

Andrew Post profile image

Andrew Post

Managing Broker
BPG Hotel Brokerage
NE RE Lic. #20191046