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Key Details
Sold Price $1,500,000
Property Type Hospitality
Listing Status Sold
Purchase Type For Sale
Sold Date 07/01/21
Bedrooms 56
Property Description
The Days Inn is 56 -unit, two story Interior corridor hotel located in south-central Iowa. It is serviced by Interstate 80 ,
There is strong upside potential at the hotel with recently completed New Days Dawn Package. There is a large 2 bedroom 3 bathroom manager's quarters at the hotel making it a perfect owner-operator opportunity.
Historical room revenues were upwards of $500,000+ though the last 3 years revenues including Covid's impact is around $350000 per year. The hotel is minutes from One of the best Iowa’s speedway.
Investment Highlights
56 Units
Excellent Location off Interstate 80
Large 2 Bed 3 Bath Manager's Apartment Available, Perfect for Owner Operator
Strong Upside Opportunity with Owner Operated
Building
Story 2
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