Candlewood Suites Omaha Airport

82 Room Hotel | Omaha, NE 68110 | For Sale

Date Added:
May 17, 2024
Days on Market:
28 days
Property Type
Hospitality
Square Feet
59,361 SF

Listing Contacts

Douglas Johnson
Douglas Johnson
Verified Profile
Scott Miller
Scott Miller
Verified Profile
Maxx Rohde
Maxx Rohde
Verified Profile
  • Property Info

Property Overview

CBRE Hotels is pleased to exclusively offer for sale two hotels across the street from one another: the 82-room Candlewood Suites and 89-room Best Western Plus, located just minutes from Omaha’s Airport. The Candlewood Suites Omaha Airport and the Best Western Plus Omaha Airport are two thriving hospitality properties located in Omaha, Nebraska & Carter Lake, Iowa. Positioned in close proximity to Omaha’s airport (Eppley Airfield), these hotels benefit from a high demand driven by airport travelers, business professionals, and tourists. The Candlewood Suites, located at 2601 Abbott Plaza, Omaha, NE, is a part of the globally recognized InterContinental Hotels Group, renowned for its consistent quality and service. This hotel, with its modern amenities and spacious suites, is particularly popular among extended-stay guests.

Property Details

Class
B
Year Built/Renovated
2008/2018
Stories
4
Property Subtype
Hotel
Lot Size (sq. ft)
81,457 SF
Units
82

Highlights

  • 82-Room, 4-story hotel built in 2008
  • Owner’s PIP Recently Completed
  • Opportunity for operator to continue increasing ADR and Occupancy, operational efficiencies, and guest scores
  • Growing Financial Performance! Over $1.8M Room Revenue (TTM May 2024), 64.8% Occ @ $95.27 ADR (TTM May 2024)
  • NOI Over $600K!
  • Extended Stay All Suite Hotel with full kitchen in every room

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