1511 Center Park Rd
Lincoln, NE 68512
Quality Inn & Suites · Hospitality Property For Sale
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66 Rooms
Property Facts
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1978/2015 |
| Building Class | B | Tenancy | Single |
| Lot Size | 1.84 AC | Parking Ratio | 2.18/1,000 SF |
| Building Size | 43,186 SF | Corridor | Interior |
| No. Rooms | 66 | ||
| Zoning | I2 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.84 AC |
| Building Size | 43,186 SF |
| No. Rooms | 66 |
| No. Stories | 2 |
| Year Built/Renovated | 1978/2015 |
| Tenancy | Single |
| Parking Ratio | 2.18/1,000 SF |
| Corridor | Interior |
| Zoning | I2 |
Amenities
- Business Center
- Fitness Center
- Pool
- Shuttle Service
- Meeting Event Space
About 1511 CENTER PARK RD , LINCOLN, NE 68512
The current owners of the Quality Inn & Suites have renovated all public areas within the last 5 years. The Quality Inn has an outdoor swimming pool, fitness center, large breakfast area, LCD TVs in all rooms, and multiple Jacuzzi suites. The owners expect there to be no more than a minimal PIP from Choice. Also, the Hotel has a gorgeous large apartment in the back of the hotel. The current owners live in the apartment and have obtained a waiver from Choice to live in the apartment. The Quality Inn South Lincoln has had consistently high revenues for several years. In February 2017 South 14th St, which runs in front of the hotel, was closed for 8 months during construction. The Quality Inn experienced a reduction in revenue during this time, but since construction has been completed has seen revenue return to its previous level.
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 7 | $174.00 | - |
| Guest Room | 59 | $114.00 | - |
Property Taxes
| Parcel Number | 09-12-101-003-000 | Improvements Assessment | $859,100 |
| Land Assessment | $700,700 | Total Assessment | $1,559,800 |
Property Taxes
