2105 Pratt Ave., Bellevue, NE 68123

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Offered by CB Richard Ellis | MEGA

On Tuesday, November 20th, 2012 Auction Services is pleased to present for online auction Settle Inn and Suites Bellevue, 2105 Pratt Ave., Bellevue, NE. The hotel is located along Pratt Avenue just one block west of Highway 75, the main connector to Omaha, NE. The hotel contains 70 rooms, including 26 suites and is located on 1.84 acres. The city of Bellevue is located just 10 miles south of downtown Omaha, NE and is considered part of the Omaha Nebraska MSA. A significant source of business to the hotel is the newly constructed Bellevue Medical Center. This 266,000 square foot facility includes 24/7 emergency care, obstetrics, inpatient and outpatient surgery, intensive care, cardiology services including cardiac catheterization, cancer services, a pharmacy, radiology and lab testing. In addition, a new 60,000 square foot medical office building connected to the main hospital houses family medicine and specialty physicians.

Opportunity to re-brand the hotel to a more nationally recognized franchise

Market hotel revenues have increased nearly 5% and the Settle Inn and Suites Bellevue revenue’s nearly 18% signifying strong market improvement (TTM ending Sept. 2012)

The Omaha MSA, of which Bellevue is a part, has seen an economic recovery that leads the nation

Significant local demand generators and close proximity to the Omaha Market