Candlewood Suites Lincoln, NE

The Candlewood Suites Lincoln represents an excellent acquisition opportunity for a local, regional or national owner/operator to acquire a well located asset in excellent condition.

The Candlewood Suites Lincoln is a four-story, interior-corridor, extended-stay hotel built in 2006.  The 85 suites have fully equipped kitchens with a stove top, full-sized refrigerator with ice maker, microwave, dishwasher and cookware/dishes/utensils.  Amenities include a 24-hour business center, fitness center, guest laundry facility, Outdoor Gazebo Grill, Candlewood Lending Locker that offers various small cooking appliances, and the Candlewood Cupboard, a convenience store where you can purchase various food items as well as sundries.

Two miles off of Highway 2 and seven miles from the University of Nebraska,  Candlewood Suites is less than a mile from the Holmes Lake Recreation Area and Golf Course.  It’s five miles to downtown Lincoln and Lancaster Events Center.  The Hyde Observatory is within walking distance just a half mile and Gateway Mall and Soulthpointe Pavillions are minutes away.  Lincoln Airport is 14 miles from the hotel.

Other

  • Status: Sold 
  • Address: 4100 Pioneer Woods Drive, Lincoln, Nebraska 68520 
  • Subtype: Extended Stay 
  • Structure: Wood frame construction 
  • Opened: 2006 
  • Rooms: 85 
  • Price: $5,400,000 

Investment Highlights

  • Beautiful hotel in excellent condition, with a modern prototype design built in 2006
  • Medical demand generators in the surrounding neighborhood provide stable revenue
  • Lincoln is a growing secondary market with education, government and leisure demand generators
  • Operational upside available through expense management
  • Property is offered free and clear of management
  • In room amenities of extended stay model offer guests an experience superior to other hotels