Listed by Timm & Associates Inc
$5,200,000
Sleep Inn and Suites of Columbus, NE
Details
Property Type Hospitality
Sub Type Hotel, Motel
Keys 94
Year Built 1995
Stories 2
Lot Size (SqFt) 119,470
Still owned by the original developer, this is the first time the property has been offered for sale
Marketing description
The Sleep Inn & Suites in Columbus, Nebraska is a 94 room, award winning hotel being brought to market for the first time by its original developer. The property is unencumbered by management, has seen over $1,100,000 in recent improvements, and is well positioned along U.S. Highway 30 with strong demand from regional employers. Columbus, Nebraska is widely regarded as one of the most industrialized cities in the state on a per capita basis, supported by a strong manufacturing workforce, consistently low unemployment, and high labor force participation in the surrounding area. Backed by consistent operating performance and strong guest reviews, the asset presents a clean, turnkey investment with clear upside potential
Investment highlights
- Still owned by the original developer, this is the first time the property has been offered for sale
- Award winning Sleep Inn, recognized with the Choice Hotels Gold Award
- Current ownership has completed numerous renovations to maintain Sleep Inn brand standards
Listing Contacts
Listed by Timm & Associates Inc
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