Property Overview

• The Comfort Suites, located at 4231 Industrial Ave, Lincoln, NE, is a 59-room hotel built in 1994. The current owner has made many repairs and replacements to keep the property in excellent condition, including updates to the guest rooms, common areas, and essential systems.
• Strategically situated just 5 Minutes from Interstate 80 (I-80), this hotel benefits from its proximity to one of the busiest highways in the United States. I-80 carries approximately 30,000 vehicles daily through Lincoln, connecting cross-country travelers and regional visitors.
• The property is a Ten-minute drive from the University of Nebraska-Lincoln, which enrolls over 26,000 students. Its proximity ensures a steady stream of demand from visiting parents, prospective students, and event attendees year-round.

Location Advantages

• Lincoln Airport (LNK): Located 5.1 miles from the hotel, serving over 300,000 passengers annually with domestic flights and business travel connections.
• Downtown Lincoln: Less than 10 minutes away, this vibrant area hosts government offices, corporate headquarters, entertainment venues, and shopping districts.
• Lancaster Event Center: A premier multi-use facility located 4.2 miles from the property. It hosts over 320 annual events, including trade shows, rodeos, and conventions, drawing more than 500,000 attendees annually.
• Memorial Stadium: Home to the Nebraska Cornhuskers football team, it seats 85,000+ fans, creating a surge in hotel demand during game weekends.
• Interstate 80 (I-80): Just 5 minutes away, carrying approximately 30,000 vehicles daily, ensuring robust exposure for transient travelers.
• Highway 6 and Cornhusker Highway: These key regional connectors link Lincoln to nearby cities and industrial hubs.

Future Developments

• The Downtown Lincoln Master Plan outlines transformative projects expected to enhance Lincoln’s economy and tourism appeal, directly benefiting the hospitality industry:
• Block 65 Redevelopment This $50 million mixed-use project features retail, office, and residential spaces, attracting an estimated 50,000 visitors annually to downtown Lincoln.
• The Telegraph District Expansion A tech-focused development driving significant employment growth and hosting high-traffic coworking and residential spaces.
• South Beltway Project This $352 million highway improvement aims to streamline freight and commuter traffic around Lincoln, increasing accessibility to the city and reducing congestion on local roads.

Annual Events Driving Demand

• Nebraska State Fair: A marquee event drawing over 350,000 attendees annually, driving significant hotel occupancy increases.
• Jazz in June Festival: A summer attraction hosting thousands of music enthusiasts in Lincoln’s downtown area.
• Lincoln Marathon: Over 10,000 participants and spectators create a surge in local lodging demand every spring.

Recent Upgrades

• The property has undergone significant renovations, including a newly resurfaced and repaired parking lot with updated lighting.
• The swimming pool and hot tub have been fully renovated with a new air inhalation unit, heater, pumps, and freshly painted surfaces.
• Guest experience enhancements include 10 new in-room AC units, six guest rooms upgraded with LED Smart TVs, and updated linens valued at $30,000.
• Accessibility improvements feature five handicap rooms with modernized acrylic bathtubs and surrounds.
• Operational updates include two new commercial dryers, repaired laundry facilities, and upgraded water heaters ensuring seamless functionality.
• The property has also been updated to meet the latest Comfort brand requirements, including new signage on the building and property, as well as an updated logo behind the front desk.