7825 Davenport St - Hospitality FOR SALE


Omaha, NE 68114- West Central Omaha
$14,000,000 USD
952-852-9767
7825 Davenport St, Omaha, NE for Sale
$14,000,000 USD
Hospitality - FOR SALE
1/18
null | Request Cap Rate

7825 Davenport St
Omaha, NE 68114
West Central Omaha


HIGHLIGHTS

  • Freshly renovated extended-stay IHG branded Hotel – Over $4.5M in Capex completed in July 2024
  • Vast operational upside in ADR & occupancy post renovation
  • Only two new hotels are currently under construction within the Omaha MSA
  • Hands-off owner / Currently under 3rd party management. Opportunity to obtain new long term contracts via increased sales & marketing
  • 107,000 Sqft Behavioral health facility under construction within less than 1 Mile – Expected completion 2026
  • Over 3.5M visitors have flown into Omaha airport YTD August – Projected to see over 4.8M in 2024 compared to 4.5M in 2023

OVERVIEW

Marcus & Millichap has been chosen to exclusively market the sale of the Staybridge Suites Omaha 80th & Dodge in Omaha, Nebraska. This property is a 4-story, interior corridor hotel with 102 all-suite rooms, reaping the benefit of a commercial area off Route 6, this all-suite hotel is an 8-minute walk from the Children's Hospital & Medical Center, and 5 miles from the Joslyn Art Museum. The Staybridge Suites Omaha 80th and Dodge is conveniently located to offer the best of Omaha. The suites are the perfect option for leisure and business travelers alike, with convenient proximity to the University of Nebraska at Omaha, University of Nebraska, and many other businesses and institutions. To view our offering summary and due diligence, please visit https://staybridgesuitesomaha80thdodge.sharplaunch.com/

FOR SALE DETAILS

PRICE

$14,000,000 USD

PRICE/SF

$191 USD /SF

# OF ROOMS

102

PRICE/ROOM

$137,255 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Staybridge Suites Omaha 80th & Dodge

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2011

PARKING SPACES

100

LAND DETAILS

LAND ACRES

1.71 AC

LAND SF

74,488 SF

ZONING

CC

APN/PARCEL ID

2730-1014-23

ASK ABOUT THIS PROPERTY

Jon RuzickaMarcus & MillichapMore Info
952-852-9767

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Jon RuzickaMarcus & MillichapMore Info
952-852-9767

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