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Financial
Distress signals
Property profile

655 108th Ave Omaha, NE 68154

OFF-MARKET
Hotels
Property ID
US57-0112574
137,981 SF 5.52 ac lot Built 1974
Last sale Dec 2017 · $6,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Exceptional investment opportunity: A fully approved conversion of a 221-key Wyndham Hotel into Spring House Senior Living in Omaha, Nebraska, is available for $17,500,000. This value-add project offers 155 units of independent and assisted living residences, including memory care, representing a significant upside potential in the growing senior living market. The six-story, Class B building, constructed in 1974 and renovated in 2012 and 2021, boasts a prime location in suburban Omaha at…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$137k
Tax billed · 2023
Assessed value$6.48M
Assessed land$1.20M
Assessed improvement$5.28M
Effective rate2.11%

Value estimate

· Oct 2026
$8.59M
$7.73M – $9.44M
AI approach$8.64M
CAP approach$10.29M
Submarket $/SF estimate$8.76M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$107/SF
Submarket average, outlier-cleaned · 30 recorded sales of this use type
Observed band · Q1–Q3$64 – $133

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionDOUGLAS

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply24.4
Auto Parts Store16.9
HVAC Service16.6

Location

655 108th Ave Omaha, NE 68154-1755
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 9 properties in this city
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
11201 Davenport, Omaha, NE 68154-2627 $8,589,000 Feb 2022 62,926 SF
650 109th, Omaha, NE 68154-1707 $3,651,000 Sep 2021 34,318 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable in this city
6 properties of the same type in this city
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