307-686-9500
1201 Avenue H, Carter Lake, IA for Sale
Hospitality - FOR SALE
1/28
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1201 Avenue H
Carter Lake, IA 51510


HIGHLIGHTS

  • Revenue Growth
  • Community Intergration
  • Near Downtown and Airport

OVERVIEW

La Quinta Inn & Suites by Wyndham Omaha Airport Downtown, located at 1201 Avenue H in Carter Lake, Iowa, offers a compelling investment opportunity. Reopened in October 2023, the property is projected to achieve approximately $1.2 million in room revenue by the end of its first year. Key Features: • Strategic Location: Situated less than a mile from Eppley Airfield (OMA), the hotel provides convenient access for travelers. A complimentary 24/7 shuttle service enhances guest convenience. Travel Iowa • Modern Amenities: Guests enjoy free daily breakfast, high-speed WiFi, an indoor pool, fitness center, and business center, catering to both leisure and business travelers. Wyndham Hotels • Proximity to Attractions: The hotel is adjacent to the upcoming Prairie Flower Casino expansion, which is set to increase the casino's size from 7,000 to 70,000 square feet, introducing additional gaming options, dining venues, and entertainment facilities. Prairie Flower Casino Market Dynamics: • Airport Expansion: The ongoing expansion of Eppley Airfield is expected to boost passenger traffic, further benefiting nearby accommodations like La Quinta Inn & Suites. Investment Highlights: • Revenue Growth: The hotel's projected $1.2 million in room revenue within its first year indicates strong market demand and operational efficiency. • Community Integration: The hotel's proximity to the casino and airport positions it as a preferred choice for visitors, enhancing occupancy rates. • Future Prospects: The planned expansion of both the casino and the airport suggests sustained growth in tourism and business travel, positively impacting hotel performance. La Quinta Inn & Suites by Wyndham Omaha Airport Downtown presents a promising investment opportunity, combining a prime location, modern amenities, and strong revenue potential.

FOR SALE DETAILS

PRICE

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# OF ROOMS

102

CAP RATE

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TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

La Quinta Inns Omaha Airport Downtown

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1999

PARKING SPACES

66

LAND DETAILS

LAND ACRES

2.09 AC

LAND SF

91,040 SF

ZONING

HI

APN/PARCEL ID

7544-21-302-011

ASK ABOUT THIS PROPERTY

Pat GreenHCBRE, LLCMore Info
307-686-9500

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Pat GreenHCBRE, LLCMore Info
307-686-9500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.