Comfort Suites Omaha, NE

Property Description: Offered 3.3 Times. Renovated in 2016-2017! There is low to no buyer PIP expected by the seller. The hotel is 3 stories with interior corridors and elevators; built in 1996. Room revenue is $980,000 average in last 2 years. The hotel out performed its market comp set in occupancy, ADR, and RevPAR in 2017. Offered at 10.6% Cap rate and 19.3% total cash on cash return. The hotel is absentee managed. There is upside to continue to grow revenue following renovation and reduce expenses to drive profits. Located off I-680 in Omaha, 40th largest US City, and close to diverse demand generators.