655 N 108th Ave - Hospitality FOR SALE


Omaha, NE 68154
$17,500,000 USD
818-339-6506
655 N 108th Ave, Omaha, NE for Sale
$17,500,000 USD
Hospitality - FOR SALE
1/29
null | Request Cap Rate

655 N 108th Ave
Omaha, NE 68154


HIGHLIGHTS

  • Situated at the epicenter of business activity in suburban Omaha
  • Proximate to over three million sq. ft. of high-quality office space, including the world headquarters of TD Ameritrade
  • Across I-680 from Westroads Mall, Nebraska’s largest shopping center
  • Nearby institutions include the University of Nebraska-Omaha, Methodist Hospital, and Children’s Hospital
  • The senior living market in Omaha is experiencing growing demand, particularly for independent living and memory care options
  • Detailed plans for renovation ensure that the project will meet high standards and cater to the specific needs of senior living residents

OVERVIEW

The Nevarez Group of Marcus & Millichap is thrilled to present this exceptional investment opportunity. The conversion of the Wyndham Hotel into Spring House Senior Living of Omaha is poised to meet the growing need for senior living facilities in the Omaha area. With a strategic location, significant upside potential, a well defined renovation plan, and property approval with permits ready, this investment offers a unique opportunity to capitalize on the expanding senior living market The proposed conversion of the Wyndham Hotel into Spring House Senior Living of Omaha represents a compelling investment for several key reasons: Strategic Location • Situated at the epicenter of business activity in suburban Omaha • Proximate to over three million sq. ft. of high-quality office space, including the world headquarters of TD Ameritrade • Across I-680 from Westroads Mall, Nebraska’s largest shopping center Corporate Presence Omaha is headquarters for five Fortune 500 companies: • ConAgra Foods • Union Pacific Corporation • Mutual of Omaha • Kiewit Corporation • Berkshire Hathaway

FOR SALE DETAILS

PRICE

$17,500,000 USD

PRICE/SF

$122 USD /SF

# OF ROOMS

221

PRICE/ROOM

$79,186 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wyndham Omaha

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

6

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1974

PARKING SPACES

276

LAND DETAILS

LAND ACRES

5.57 AC

LAND SF

242,629 SF

ZONING

C

APN/PARCEL ID

2964-0006-01

ASK ABOUT THIS PROPERTY

Eddy NevarezMarcus & MillichapMore Info
818-339-6506

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Eddy NevarezMarcus & MillichapMore Info
818-339-6506

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