Best Western - Old Mill Inn - Omaha

Hospitality for Sale
Catylist Listing ID: 30533489
Property Subtypes: Hotel
Number of Units: 72 Units
Building Size (RSF): See Agent
Gross Building Area: See Agent
Gross Land Area: 3.66 Acres
Sale Price: $3,950,000
Unit Price: $54,861.11 Per Unit
Property Use Type: Investment, Business
Building Name: Best Western
Name of Establishment: Best Western Old Mill Inn
Franchised Business: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/25/2020

Overview / Comments

The Best Western Old Mill Inn is a great opportunity for both an owner operator as well as a portfolio addition. This property is an extremely well maintained Best Western with no PIP and is approved for auto transfer.

This Best Western was built in 1998 and is a 3 story, interior corridor, 72 unit property.

Omaha has a population of just under 500,000 and is home to multiple fortune 500 companies including Berkshire Hathaway, Union Pacific Railroad, Kiewit, Valmont and many more.

This property is co-listed with;
Andrew Post
Amber Hotel Company
818.851.3310
apost@amberhc.com

Additional Details

Nearest MSA: Omaha-Council Bluffs
County: Douglas
Tax ID/APN: 0129640020
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention, Casino, Other
Property Located Between: Located in NW corner of W Highway 6 and Interstate 680
Property Visibility: Excellent
Largest Nearby Street: W Highway 6 and West 680
Highway Access: W Highway 6 and Interstate 680
Airports: 20 Minute drive to the Omaha Eppely Airport
Nearby Attractions: Omaha's attractions include the world famous Henry Doorly Zoo as well as multiple museum's (Joslyn Art Museum, Freedom Park Museum and the Omaha Children's Museum). Enjoy a great weekend by visiting the Lauritzen Gardens, Mahoney State Park and the Lewis and Clark National Trail Center.
Total Number of Buildings: 1
Number of Stories: 3
Property Condition: Excellent
Year Built: 1998
Water Recreation: Indoor Pool
Total Parking Spaces: 82
Parking Type: Surface
Air Conditioning: Package Unit
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,816 112,858 297,191
Median Age: 35.7 38.78 36.69
Households: 6,039 49,395 122,700

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