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1140 Calvert St
Lincoln, NE 68502
Travelodge by Wyndham Lincoln South · Hospitality Property For Sale · 45 Rooms
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1988/1996 |
| Building Class | C | Tenancy | Single |
| Lot Size | 1.20 AC | Parking Ratio | 4.64/1,000 SF |
| Building Size | 19,332 SF | Corridor | Interior |
| No. Rooms | 45 |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.20 AC |
| Building Size | 19,332 SF |
| No. Rooms | 45 |
| No. Stories | 2 |
| Year Built/Renovated | 1988/1996 |
| Tenancy | Single |
| Parking Ratio | 4.64/1,000 SF |
| Corridor | Interior |
Amenities
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
About 1140 Calvert St , Lincoln, NE 68502
The sellers are looking for offers for the Days Inn in south Lincoln, NE. As recently as 2016 the hotel had revenues over $430,000 however the lack of improvements has placed the Days Inn at a competitive disadvantage to other similar properties in the area. A relatively minor PIP consistent of carpet, paint and furniture approx. $125,000 would immediately bring the Days Inn back to where it could compete equally with other hotels in the area. The Days Inn location in south Lincoln on Highway 2 remains a very good location. Lincoln is a wonderful place to live and raise a family. Low tax rates, great schools and excellent job markets make this a great place to plant your roots. The University of Nebraska and Nebraska State Government help insulate the Lincoln market from any large downturns. We believe the Days Inn can be an excellent turn around project for the right owner with excellent upside. Local banks are interested in financing the project for the right ownership group.
PROPERTY TAXES
| Parcel Number | 09-02-231-007-000 | Improvements Assessment | $620,400 |
| Land Assessment | $380,200 | Total Assessment | $1,000,600 |
PROPERTY TAXES
zoning
| Zoning Code | H3 |
| H3 |
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