New Victorian Suites - Lincoln, NE

The New Victorian Suites: Turnkey 83-Room Hotel in Lincoln, NE

Acquire The New Victorian Suites, an 83-room, 3-story interior corridor hotel in a prime Lincoln, Nebraska location, positioned just off U.S. Highway 34. The hotel is minutes away from the University of Nebraska-Lincoln (UNL), Downtown Lincoln, and Lincoln Airport.

Key Investment Highlights:

• Significant Upside: The property is currently underperforming due to absentee ownership, presenting a strong upside potential for an experienced, on-site operator to actively manage and maximize its true value.

• Near Turnkey Condition: The hotel has recently undergone extensive renovations, including:

  • Full exterior and interior paint (including all rooms and décor).

  • Major updates to the lobby (stone work), breakfast area (new countertops/storage), pool area (new paint/heater), meeting space, and exercise room.

  • New RFID touch-free locks, new sprinkler system, new hotel signage, and 30-40 new PTC units.

  • Recent prior updates include new mattresses, washer, and dryer.

• Strong Demand Drivers: Benefits from robust local demand generators, including UNL, Memorial Stadium (Cornhuskers football), the State Capitol, Pinnacle Bank Arena, and the surrounding downtown business/cultural districts.

This asset is an ideal opportunity for an operator seeking a recently updated hotel with immediate revenue maximization potential in Nebraska’s capital city.