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59 Beds
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Key Details
Property Type Hospitality
Listing Status Active
Purchase Type For Sale
Bedrooms 59
Year Built 1994
Property Description
Property Overview
The Comfort Inn, located at 4231 Industrial Ave, Lincoln, NE, is a 59-room hotel built in 1994.
The property has been maintained with numerous repairs and updates, including guest rooms, common areas, and essential systems.
Strategic Location
Located 0.8 miles from Interstate 80 (I-80), one of the busiest highways in the U.S., with approximately 30,000 vehicles passing daily.
Five-minute drive to the University of Nebraska-Lincoln, which enrolls over 26,000 students, ensuring consistent demand year-round.
Location Advantages
Lincoln Airport (LNK): 7 miles away, serving over 300,000 passengers annually.
Downtown Lincoln: Less than 10 minutes away, hosting government offices, corporate headquarters, entertainment venues, and shopping districts.
Lancaster Event Center: Located 6.2 miles from the hotel, hosting over 320 annual events and drawing more than 500,000 attendees.
Memorial Stadium: Home to the Nebraska Cornhuskers football team, seating 85,000+ fans and creating high demand during game weekends.
Interstate 80 (I-80): Located just 0.8 miles away, ensuring strong exposure to transient travelers.
Highway 6 and Cornhusker Highway: Key regional connectors linking Lincoln to nearby cities and industrial hubs.
Future Developments
Block 65 Redevelopment: A $50 million mixed-use project featuring retail, office, and residential spaces, attracting an estimated 50,000 visitors annually.
The Telegraph District Expansion: A tech-focused development driving employment growth and hosting coworking and residential spaces.
South Beltway Project: A $352 million highway improvement aimed at enhancing accessibility to the city and reducing congestion.
Annual Events Driving Demand
Nebraska State Fair: Attracts over 350,000 attendees annually, increasing hotel occupancy.
Jazz in June Festival: A summer event hosting thousands of music enthusiasts in downtown Lincoln.
Lincoln Marathon: Draws over 10,000 participants and spectators each spring, creating a surge in lodging demand.
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.
The Comfort Inn, located at 4231 Industrial Ave, Lincoln, NE, is a 59-room hotel built in 1994.
The property has been maintained with numerous repairs and updates, including guest rooms, common areas, and essential systems.
Strategic Location
Located 0.8 miles from Interstate 80 (I-80), one of the busiest highways in the U.S., with approximately 30,000 vehicles passing daily.
Five-minute drive to the University of Nebraska-Lincoln, which enrolls over 26,000 students, ensuring consistent demand year-round.
Location Advantages
Lincoln Airport (LNK): 7 miles away, serving over 300,000 passengers annually.
Downtown Lincoln: Less than 10 minutes away, hosting government offices, corporate headquarters, entertainment venues, and shopping districts.
Lancaster Event Center: Located 6.2 miles from the hotel, hosting over 320 annual events and drawing more than 500,000 attendees.
Memorial Stadium: Home to the Nebraska Cornhuskers football team, seating 85,000+ fans and creating high demand during game weekends.
Interstate 80 (I-80): Located just 0.8 miles away, ensuring strong exposure to transient travelers.
Highway 6 and Cornhusker Highway: Key regional connectors linking Lincoln to nearby cities and industrial hubs.
Future Developments
Block 65 Redevelopment: A $50 million mixed-use project featuring retail, office, and residential spaces, attracting an estimated 50,000 visitors annually.
The Telegraph District Expansion: A tech-focused development driving employment growth and hosting coworking and residential spaces.
South Beltway Project: A $352 million highway improvement aimed at enhancing accessibility to the city and reducing congestion.
Annual Events Driving Demand
Nebraska State Fair: Attracts over 350,000 attendees annually, increasing hotel occupancy.
Jazz in June Festival: A summer event hosting thousands of music enthusiasts in downtown Lincoln.
Lincoln Marathon: Draws over 10,000 participants and spectators each spring, creating a surge in lodging demand.
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.
Location
State NE
County Lancaster
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Listed by Dharam Chaudhari • Reco Real Estate Advisors | KW Realty Partners