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LEISURE

Real Estate Advisors, L.L.C.

Quality Inn & Suiters

Omaha, NE

PRICE: $2,600,000

LOCATION: 9505 S 142nd Street (I-80 and US HWY 50)

NUMBER OF KEYS: 54

PRICE/UNIT: $48,148

PROPERTY TYPE: Midscale (Interstate/Metro Area)

DESCRIPTION:

➢ Built in 1996

➢ Excellent curb appeal

➢ High traffic location visible from Interstate 80 with an average of 50,000 cars a day near the intersection of I-80 and Hwy 50

➢ Easy access to entire metro area and attractions

➢ Attractive top line revenue and net operating income – High ADR

➢ Recent improvements include carpet replaced in downstairs hall, rooms painted, new sprinkler system in bar and pool, bathroom tubs refinished, new telephone system and washing machine.

➢ Ample parking, including space for bus parking

➢ Heated indoor pool

➢ Fitness Center / Meeting rooms

➢ Interior Corridor

➢ Onsite Lounge/Bar 49 seating capacity

➢ Rates 3.9 on TripAdvisor

Notable Demand Generators and Attractions:

o Henry Doorly Zoo and Aquarium

o Joslyn Art Museum

o Old Market Downtown Omaha

o Century Link Center

o TD Ameritrade Park (Home of the college World Series)

o Creighton University

o University of Nebraska Omaha

MARKET OVERVIEW:

The Quality Inn & Suites is perfectly located near the intersection of Interstate 80 and Highway 50 which averages 50,000 vehicles per day. Omaha is the largest city in the state of Nebraska and the anchor of the Omaha-Council Bluffs metropolitan area, which includes Council Bluffs, Iowa across the Missouri River from Omaha. Nearly 1.3 million people reside within the Greater Omaha area, comprising a 50-mile radius of Downtown Omaha, the city’s center.

Omaha is home to five companies listed on the Fortune 500 list: Berkshire Hathaway, Union Pacific Railroad, ConAgra Foods, Inc., Peter Kiewit and Sons, Inc. and Mutual of Omaha. Omaha is also the headquarters of several other major corporations and large technology firms such as TD Ameritrade, PayPal and LinkedIn.

In 2009, Omaha released a new master plan for Downtown's development over the next 30 years. It divides several unique districts, The Downtown Center, North Downtown, the Entertainment district, the North and South Riverfront, the Joslyn District, The Park East/Farnam District, and the Old Market District. The Entertainment district will include the CenturyLink Center Omaha and the TD Ameritrade Park. Also, there is a proposed area for a several soccer or baseball fields. A large Part of the new Master Plan is the prediction of 8 new office towers in the next 30 years.

The Omaha Airport commonly known as Eppley Airfield, is an international medium hub airport serving the city of Omaha. It is the largest and busiest airport in the state of Nebraska. It handles more than 120 Top 10 domestic routes including: Denver, Chicago, Atlanta, Phoenix, Dallas, Minneapolis, Las Vegas, Saint Louis and Houston. Omaha Airport registered a total passenger flow of 4.35 million passengers in 2016.

Offutt Air Force Base is the host station for the 55th Wing (55 WG), the largest wing of the United States Air Force's Air Combat Command. Additionally, the base is home to many significant associate units, including US Strategic Command Headquarters, the Air Force Weather Agency, the Omaha operating location of the Defense Finance and Accounting Service.

The strength of the diverse Omaha market was confirmed by the 2008 Great Recession, in that out of all major U.S. cities, it was one of least affected.

With an outstanding, high traffic location this property produces enough revenue and net income to be purchased as a passive investment or by an operator expanding its portfolio.

Either way, you will find a property that generates attractive consistent revenue appeal and great reviews. When you visit, we are certain you will be pleasantly surprised.  

FOR ADDITIONAL INFORMATION CONTACT:

Brent Jaynes, Managing Partner Dave Hasvold

Leisure Real Estate Advisors Leisure Real Estate Advisors

913-499-4731 605-940-9959

bjaynes@ dhasvold@

8725 Rosehill Rd, Suite 300, Lenexa, KS Sioux Falls, SD

913-499-4731 (d), 913-499-4771 (e-fax)

Leisure Real Estate Advisors. LLC

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