Investment Opportunity: Hospitality Property for Sale in Iowa
Hotel For Sale In Iowa
The real estate industry is known to offer investment opportunities that can yield high returns, and the hospitality sector is no exception. If you're looking for a profitable investment opportunity in the hospitality sector, then you may want to take a closer look at this property located in Iowa.
RECO Real Estate Advisors exclusively presents a Wyndham mid-scale hospitality property for sale in Iowa. The property is located conveniently off a US Highway, and it is situated in the most developed part of the town. The property is surrounded by many businesses, including colleges, hospitals, malls, Targets, Walmarts, and many more. With its prime location, the property has a high potential for attracting customers.
The property comprises 54 rooms and has been recently renovated with new vanities, headboards, fixtures, carpets, and many more. The renovation has made the property more attractive and comfortable for customers.
It is worth noting that this property is an Absentee Owner Managed Property, which means that a new owner-operator can see the potential for upside by reducing operational expenses. The property has a lot of potentials that a new owner-operator can leverage to improve the profitability of the property further.
Investing in the hospitality industry can be challenging, but partnering with the right real estate advisor can make a significant difference. RECO Real Estate Advisors has years of experience in the industry and can help you navigate the complexities of investing in hospitality properties. If you're interested in this property, contact RECO Real Estate Advisors today to learn more about this fantastic investment opportunity.
Overall, the hospitality industry is a profitable sector that can provide excellent investment opportunities. This hospitality property located in Iowa is a perfect example of such opportunities. The property is located in a prime location and has been recently renovated, making it highly attractive to customers. Its impressive cash on cash return and CAP rate make it a highly profitable investment. So, if you're looking for a profitable investment opportunity in the hospitality sector, this property is worth considering. Contact RECO Real Estate Advisors today to learn more.
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