www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31251842
30906240

265 33rd Ave, Columbus, NE 68601

JP
NE 20230687, UT 8848290-SA00 (+5)
EXP COMMERCIAL, LLC
JR
NE 20260082
AH
Crexi Contact
Commercial Real Estate Exchange
Listed by EXP COMMERCIAL, LLC, Commercial Real Estate Exchange
Unpriced
114 days on market
Updated 63 days ago
Under Contract

Former Quality - Clarion/Mainstay Rebrand or Apt Conversion

Details
APN 710130665
Property Type Multifamily, Hospitality (+1)
Sub Type Apartment Building, Hotel (+1)
Square Footage 90,056
Units 140
Class B
Year Built 1973
Year Renovated 2015, 2023
Buildings 1
Stories 2
Acreage 7.180
Zoning B-2 General Commercial
Parking Spaces 284 spaces
Parking Per SqFt 3.15
Investment Type Value Add
Ground Lease No
Ownership Fee Simple

Apartment Conversion Optionality

Marketing description

For registration requirements and regulations, please review here or contact Audrey Hanna | 518-625-8581 | [email protected].

Property tours are available April 1 through April 3 | April 13th & 14th by appointment only. Please contact the listing broker to schedule a tour.

Former Quality Inn Columbus, located at 265 33rd Ave in Columbus, Nebraska, offers a compelling value-add opportunity for hotel repositioning or multifamily conversion. Now unencumbered by franchise and management agreements, the 140-key asset provides immediate flexibility for investors.

Ownership has received interest and key incentive support from Choice Hotels for a potential reflag to Clarion or dual-brand options such as Quality Inn / Suburban Studios or Clarion / MainStay Suites, with minimal PIP requirements—creating a clear path to rebranding with reduced capital outlay.

Alternatively, the property is well-positioned for apartment conversion, offering investors a dual-path strategy to maximize value in the growing Columbus market. Current in-place zoning allows for high density multifamily use. Additional due diligence materials are available upon request.

  • Non-Contingent
  • Earnest Money Deposit: Greater of $20,000 or 10% of the Purchase Price
  • Marketing Fee: 5% of the Winning Bid Amount, $20,000 minimum
  • $10,000 Participation Deposit
  • Close of Escrow: 6/9/2026

265 33rd Ave, Columbus, NE 68601

Investment highlights

  • 140 Key Full Service Hotel Asset – formerly operated as Quality Inn, Ramada Inn, and independent
  • Dual Path Investment Opportunity: Operate as a hotel or pursue multifamily conversion
    • Dual flags available with key incentive money including Quality/Suburban Studios or Clarion/MainStay Suites
  • Property can be delivered unencumbered of franchise and management agreements
  • Significant Revenue Upside with On-Site and/or Experienced Hotelier.
    • Stabilized RevPAR expected between $65-70 to match competitive set
  • Over 20,000 SF of Conference, Meeting, & Event Space for up to 1,500 attendees
  • Full Restaurant & Bar Space
  • Extensively Renovated in 2015 with minor renovations in 2023-2024

Listing Contacts

JP
NE 20230687, UT 8848290-SA00 (+5)
EXP COMMERCIAL, LLC
JR
NE 20260082
AH
Crexi Contact
Commercial Real Estate Exchange
Listed by EXP COMMERCIAL, LLC, Commercial Real Estate Exchange

Map

Zoning

Intelligence Badge
B-2 CommercialGeneral CommercialGeneral Commercial District
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 101 uses
View all 101 uses
Last updated May 19, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Similar Properties

View All

Additional Information

Name
Josh Prettyman
License
20230687
Brokerage
eXp Commerical
Name
Jenifer Rose
License
20260082
Brokerage
eXp Commercial
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591