7333 Husker Cir, Lincoln, NE 68504

Choose nearby businesses to show on the map:

Building Details:

Offered by CB Richard Ellis | MEGA

On Tuesday, November 20th, 2012 Auction Services is pleased to present for online auction Settle Inn and Suites, 7333 Husker Circle, Lincoln, NE. The Settle Inn and Suites enjoys an excellent location, visibility and access adjacent to the intersection of Interstate 80 and 27th Street. The hotel has 70 rooms, including 26 suites, indoor pool and spa, wireless high-speed internet, located on 2.17 acres. The Settle Inn and Suites in located in Lincoln, NE which is the county seat for Lancaster County. The city of Lincoln has a population of approximately 247,000 and the MSA approximately 275,000.

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

Market hotel revenues have increased over 6% signifying a strong market improvement. However, the Settle Inn’s revenues have decreased nearly 5% indicating a good potential for revenue increases (TTM ending Sept. 2012)

Lincoln’s recovery will outpace that of the U.S. over the next several years. The recovery is firmly in place and will continue to accelerate through 2012 and beyond.

The University of Nebraska and the State Capital provide significant local demand for hotel rooms in Lincoln