The Comfort Inn at 4231 Industrial Ave #59, Lincoln, NE 68504-1118, has recently been listed on the market, offering a notable opportunity for those seeking a hotel investment in Nebraska. Built in 1994 and featuring 59 rooms, the property is priced at $3,600,000. Its combination of modern upgrades, steady demand drivers, and proximity to major attractions makes it a property of interest within the Hospitality Real Estate Sector.
Property Overview
The Comfort Inn has undergone consistent maintenance and upgrades over the years to ensure competitiveness in the hospitality market. Notable improvements include:
- Resurfaced parking lot with new lighting.
- Renovated swimming pool and hot tub with updated equipment.
- Guest room updates including LED Smart TVs, new AC units, and upgraded linens valued at $30,000.
- Accessibility improvements with five handicap-accessible rooms.
- Operational upgrades such as new commercial dryers and enhanced water heaters.
The hotel has also been updated to comply with the latest Choice Hotels brand requirements, including refreshed signage and front desk branding.
Location and Accessibility
The property benefits from its strategic location near Interstate 80 (0.8 miles away), which carries approximately 30,000 vehicles daily. This placement allows for strong visibility and easy accessibility for travelers.
Nearby demand drivers include:
- University of Nebraska–Lincoln (over 26,000 students).
- Lincoln Airport (LNK), serving 300,000+ passengers annually.
- Downtown Lincoln, less than 10 minutes away, with offices, shopping, and entertainment.
- Lancaster Event Center, hosting over 320 events annually with 500,000 attendees.
- Memorial Stadium, which sees over 85,000 fans per football game.
These factors contribute to consistent occupancy throughout the year.
Market Growth and Future Developments
Lincoln is experiencing several major developments that may positively influence hospitality demand in the coming years:
- Block 65 Redevelopment: A $50 million mixed-use project combining retail, office, and residential.
- Telegraph District Expansion: A tech-centered district expected to bring additional employment and business travel.
- South Beltway Project: A $352 million highway initiative aimed at improving access and reducing traffic congestion.
Such projects are expected to enhance both business travel and tourism in the city.
Events Driving Hotel Demand
Several annual events significantly boost hotel occupancy in Lincoln:
- Nebraska State Fair – 350,000+ attendees.
- Jazz in June Festival – attracting thousands of visitors.
- Lincoln Marathon – drawing 10,000+ participants and spectators.
- College football weekends at Memorial Stadium – generating peak lodging demand.
These events ensure steady seasonal traffic and reinforce the importance of strategically located accommodations.
Summary
The Comfort Inn in Lincoln represents a property with strong long-term investment potential due to its location, brand alignment, and ongoing regional development. With consistent demand from university activities, business travel, tourism, and major events, the hotel is positioned as a stable hospitality asset within Nebraska’s real estate market.
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