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Browse More Listings in Hotel & Motel For Sale, Lincoln, NE or Nebraska

Hotel / Motel For Sale

Economy Lodge & Suites

2410 NW 12th Street, Lincoln, NE 68521

Price:
$1,200,000
No. Rooms:
133
Building Size:
44,561 SF
Price/Room:
$9,022.56
Property Type:
Hotel & Motel
Property Sub-type:
Economy/ Limited Service
Additional Sub-types:
Special Purpose (Other)
Property Use Type:
Investment
Commission Split:
2.5%
Average Daily Rate:
$31
No. Stories:
2
Year Built:
1974
Lot Size:
3.05 AC
Parking Ratio:
3 / 1,000 SF
Find Out More...

Last Verified 11/9/2009 Listing ID 16192971

Highlights

Furniture, fixtures and equipment included
1280 square foot pool
One restroom in each room

Asphalt parking

Description

The Economy Lodge & Suites is a limited service motel that is situated on 3.05AC and offers 133 exterior corridor guest rooms, a motel office and gathering room, 4-room manager's apartment, and on site maintenance building. The guest room building is a 2-story concrete and steel structure designed in a "T" shape. Guests can enjoy and a daily continental breakfast in the gathering room and cool off in the outdoor pool during the heat of summer. Six figure income potential for owner/operator. Call Agent for Additional Information.

Located at Exit 399, the I-80 and Lincoln Municipal Airport exit, on NW 12th & Cornhusker Highway, this 133 room motel is visible to over 47,000 travelers each day. The facility is convenient to the University of Nebraska, Haymarket Park, Downtown, Devaney Sports Center, West Lincoln Industrial Park and the Lincoln Municipal Airport.

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Cathi Johnson-Haisch (402) 467-7010 Ext: 27

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Created 4/14/2009

Additional Information for 2410 Nw 12th Street, Lincoln, NE 68521

Active For Sale - 2 Listings
Active For Lease - 0 Listing
Previously Listed - 1 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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Economy Lodge & Suites
$1,200,000

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Hotel & Motel Property For Sale - Economy Lodge & Suites

2410 NW 12th Street, Lincoln, NE, 68521