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Investment Highlights

  • Balanced Demand Mix
  • Long Term Grown Potential

Executive Summary

The Holiday Inn Express West Omaha – Elkhorn represents a premier hospitality investment opportunity strategically positioned within one of the fastest-growing and most desirable submarkets in the Omaha metropolitan area. Located along the highly trafficked West Dodge Road corridor, the property benefits from exceptional visibility, accessibility, and proximity to a diverse range of demand drivers.
This well-maintained, nationally recognized branded asset offers guests the consistency and reliability associated with the IHG Hotels & Resorts platform, catering to both business and leisure travelers seeking modern accommodations in the rapidly expanding West Omaha corridor.
Prime Location in Omaha’s Growth Corridor
Situated in Elkhorn—widely considered the heart of West Omaha’s expansion—the property is surrounded by strong residential growth, new commercial development, and expanding infrastructure. Immediate access to West Dodge Road (U.S. Highway 6) provides seamless connectivity to:
Downtown Omaha and major employment centers
Eppley Airfield
Regional healthcare systems, universities, and corporate offices
Diverse & Durable Demand Drivers
The property is ideally positioned to capture a broad mix of lodging demand, including:
Corporate and project-based travel from nearby business parks
Retail and commercial demand anchored by Village Pointe
Medical and service-related overnight stays
Leisure and family travel driven by West Omaha’s amenities and quality of life
Additionally, Omaha’s continued expansion in youth sports and regional events creates consistent occupancy compression, further supporting RevPAR growth in the West Omaha submarket.
High-Growth, Undersupplied Submarket
West Omaha—and Elkhorn specifically—continues to experience strong population and income growth, driven by new housing developments and in-migration. Despite this expansion, hotel supply has remained relatively limited, positioning the property to benefit from:
Increasing lodging demand
Favorable competitive dynamics
Long-term rate growth potential
The Holiday Inn Express West Omaha Elkhorn offers investors the opportunity to acquire a stabilized, branded asset in a high-growth corridor with strong underlying fundamentals. As Omaha continues its westward expansion, the property is well-positioned to capture increasing demand while benefiting from limited new supply and a highly desirable suburban location.

Data Room Click Here to Access

Property Facts

Price $20,340,193 CAD
Price Per Room $226,002 CAD
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.19 AC
Building Size 53,440 SF
No. Rooms 90
No. Stories 4
Year Built 2019
Parking Ratio 1.57/1,000 SF
Corridor Interior
Zoning C-1 - Commercial

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 17 $239.70 CAD -
Guest Room 73 $213.67 CAD -
Somewhat walkable
30/100
Exceptionally drivable
100/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 0523-3803-18
  • 0523-3803-20
Land Assessment
$606,353 CAD
Improvements Assessment
$7,938,854 CAD
Total Assessment
$8,545,207 CAD
  • Listing ID: 40249374

  • Date on Market: 2026-04-22

  • Last Updated:

  • Address: 19040 Evans St, Elkhorn, NE 68022

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