120th St & Ft StOmaha, NE 68164

For Sale
Call for price

125+ Room Hotel Portfolio in Omaha, NE

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents two hotels totaling over 247 rooms, situated at the SWC of N 120th Street & Fort Street in Omaha, Nebraska (zip code 68164). Each hotel boasts 4 stories and approximately 50,000 square feet. The combined property offers 125 keys in one hotel and 122 keys in the other, making it ideally suited to accommodate the significant influx of visitors expected with the development of the nearby Tranquility Park. This $54 million city-funded project will feature a premier youth multi-sport complex, including 16 synthetic turf soccer fields and at least 10 synthetic turf softball/baseball fields. Construction is slated to begin in 2024 and conclude in 2026, promising substantial growth in tourism and demand for lodging in the area. The hotels' strategic location positions them to capitalize on this exciting development, making them an attractive investment for those seeking exposure to the thriving Omaha hospitality market. This is a unique opportunity to acquire a substantial hotel portfolio poised for significant appreciation in value due to the proximity to this major sports complex. Contact us today for pricing and further details.

Highlights

  • 100,000 SF, two-hotel hospitality investment opportunity in Omaha, NE.
  • 125-room hotel and a 122-room hotel, each four stories.
  • Located at SWC N 120th Street & Fort Street, Omaha, NE 68164.
  • Development adjacent to a planned $54 million youth multi-sport complex with 16 soccer and at least 10 softball/baseball fields, commencing construction in 2024 and completing in 2026.
  • Targeting families, teams, and large groups visiting the new sports complex.

Property Details for 120th St & Ft St

Property type
Other hospitality properties, Hotels
Square Feet
100,000 SF
Stories
4

Location Insight

City
Omaha
County
Douglas
State
Nebraska
Latitude
41.306682966383
Longitude
-96.100743110894
120th St & Ft St, Omaha, Nebraska

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120th St & Ft St
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