The Baymont Inn & Suites is a 68-room, 3-story interior corridor hotel located in Lincoln, Nebraska, just a few miles from Interstate 180 and Interstate 80, just minutes from the University of Nebraska, Downtown Lincoln, and Lincoln Airport.
The hotel is well-maintained and has undergone significant renovations recently, including new hallway carpeting, metal bed frames, interior and exterior paint, and updated signage. The property features a spacious manager's quarters, perfect for an owner operator.
Lincoln, the state capital, has a population of 294,757 as of 2023 and boasts several nearby attractions including the University of Nebraska and Memorial Stadium (Cornhuskers football games), Nebraska State Capitol, Museum of American Speed, Sheldon Museum of Art, Pinnacle Bank Arena, Haymarket Park, Pioneers Park Nature Center, University of Nebraska State Museum, Sunken Gardens, among many others.
The hotel has underperformed the comp set since the Owner purchased the hotel in 2023, as evidenced by the 26.36 RevPAR as of December 2024. There is strong upside potential for an experience hotel operator who can manage rates, increase sales efforts, and run the hotel on-site.