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Published on: Thursday, January 22, 2026
Updated on: Thursday, January 22, 2026
About the Lister
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Name: Brent Jaynes
Company: Leisure Real Estate Advisors, LLC
Office Phone: 913-499-4731
Cell Phone: 913-499-4731
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  Holiday Inn Express & Suites Columbus NE

524 23rd St. , Columbus Nebraska , 68601
524 23rd St. , Columbus Nebraska , 68601  Leisure Real Estate Advisors, LLC
Listing ID: CL-Nebraska-27297 Inn/Lodging and Hospitality

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): Contact Lister
Net Operating Income: Contact Lister
Quick Glance
Listing ID: CL-Nebraska-27297
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: N/A
Year Build: 1999
Building Size: N/A SqFt
Lot Size: N/A
No of Stories: 4
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Listing Summary
NOW OFFERERED AT $9,900,000. REVISED PRICING SHOWS OWNER’S MOTIVATION. ALMOST $3 MILLION IN REVENUE AND NEARLY $1.1 MILLION IN NET OPERATING INCOME. $141 ADR WITH A $93 REVPAR (May 2025 STR). MANAGEABLE PIP
Complete Details
Year Build: 1999
Building Size: N/A SqFt.
No of Stories: 4
Total Lot Area: N/A Acre
No of Parking: N/A
No of Total Units: 90
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Heating and Cooling
Building Class: Not Specified
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
Full Description

 

Strategic Acquisition: Prime 90-Key Hotel in Nebraska’s Newest Gaming Hub

Position your portfolio at the heart of Columbus, NE. This Holiday Inn Express & Suites is perfectly situated on Highway 30, benefiting from both a rock-solid industrial base and a surging tourism sector. With the May 2024 grand opening of the $75M Harrah’s Racetrack & Casino (managed by Caesars Entertainment), Columbus has transformed into a major regional destination. The casino features 500 slots, a sportsbook, and a one-mile thoroughbred track, creating a massive new demand generator for local lodging.

Market Stability & Corporate Demand:

  • Industrial Leaders: Major international presence from Becton Dickinson (MedTech), Behlen Manufacturing, and ADM.

  • Corporate HQ: Home to the headquarters of Nebraska Public Power.

  • Financial Strength: Proven $1M+ NOI and a guest experience bolstered by recent Formula Blue renovations.

 

Additional Properties
Property Highlights
  • **** Notable national & global employers: ****
  • Behlen Manufacturing Co, (ag equipment)
  • Becton Dickinson (medical products)
  • Archer Daniels Midland (ADM) (food processing)
  • Cargill (crop production)
  • Vishay (electronics)
  • Menard’s (retail)
  • ***** Other attractions: *****
  • Harrah’s Racetrack & Casino (gaming & thoroughbred racing)
  • Andrew Jackson Higgins National Memorial
  • Pawnee Plunge Water Park
  • 90 keys
Features
  • ***** Hotel Description *****
  • NEW PRICE. Now offered at $9,900,000!!
  • Built 1999, New 15 year license will be available
  • Attractive revenue and consistent performer, with cash flow that supports the price point
  • $141 ADR and a $93 RevPar (May 2025 STR)
  • Ownership transfer PIP is available and is manageable
  • Developed and built by one of Nebraska’s most respected and highest rated developers
  • Newer tankless water heaters, both domestic and laundry
  • Newer dehumidification system
  • A variety of suites including those with sitting areas and 2 TVs.
  • Very nice indoor pool
  • New Harrah’s full-service gaming and racing casino is nearby, & opened May, 2024
  • Highly rated on IHG (4.8) and on the travel websites
  • Hwy 30 frontage between Menard’s and a Super Walmart
  • 90 keys
Listing Location
Lister's other Properties
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Listing ID: CL-Kansas-27298
Listing Type: Commercial
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Status: Accepting Offers
Created On: 1/22/2026
Modified On: 1/22/2026
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Title: Holiday Inn Express & Suites West – Topeka
Address: 901 SW Robinson , Topeka Kansas 66606
Listing ID: CL-Kansas-27296
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Category: Lodging and Hospitality - Inn
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Created On: 1/22/2026
Modified On: 1/22/2026
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Title: La Quinta Inn & Suites I-70 Salina
Address: 201 E Diamond Drive , Salina Kansas 67401
Listing ID: CL-Kansas-27295
Listing Type: Commercial
Category: Lodging and Hospitality - Inn
Status: Accepting Offers
Created On: 1/22/2026
Modified On: 1/22/2026
201 E Diamond Drive , Salina Kansas 67401
Title: Ramada by Wyndham – Downtown Topeka Hotel and Conference Center
Address: 420 SE 6th Avenue , Topeka Kansas 66607
Listing ID: CL-Kansas-27293
Listing Type: Commercial
Category: Lodging and Hospitality - Inn
Status: Price not Disclosed
Created On: 1/21/2026
Modified On: 1/21/2026
420 SE 6th Avenue , Topeka Kansas 66607
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