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Hotel-Motel

Staybridge Suites Omaha 80th & Dodge

7825 Davenport St, Omaha, NE 68114

Listing Price: $15,000,000

Cap Rate
4.10%
Number of Rooms
102
RevPAR
$75
Gross SF
71,111
Price/Room
$147,059
RRM
5.40
Price/Gross SF
$210.94
Year Built
2011

Investment Overview

Marcus & Millichap has been chosen to exclusively market for the sale 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.

Investment 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
  • 107,000 Sqft Behavioral health facility under construction within < 1 Mile – Expected completion 2026
  • Hands-off owner / Currently under 3rd party management. Opportunity to obtain new long term contracts via increased sales & marketing
  • 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

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s) NE: 20200223

    Nebraska

Financing By

Hotel-Motel

Staybridge Suites Omaha 80th & Dodge

Listing Price: $15,000,000

Cap Rate
4.10%
Number of Rooms
102
RevPAR
$75
Gross SF
71,111
Price/Room
$147,059
RRM
5.40
Price/Gross SF
$210.94
Year Built
2011

Investment 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
  • 107,000 Sqft Behavioral health facility under construction within < 1 Mile – Expected completion 2026
  • Hands-off owner / Currently under 3rd party management. Opportunity to obtain new long term contracts via increased sales & marketing
  • 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

Investment Overview

Marcus & Millichap has been chosen to exclusively market for the sale 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.

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s): NE: 20200223

    Nebraska

Financing By

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