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Key Details
Sold Price $2,750,000
Property Type Hospitality
Listing Status Sold
Purchase Type For Sale
Sold Date 08/18/22
Bedrooms 58
Property Description
EXECUTIVE SUMMARY :
Reco Real Estate Advisors is pleased to offer, on an exclusive basis, the opportunity to acquire this 58-room Best Western Hotel “Property” or “Hotel”), prominently located in Grinnell Iowa. Best Western Pioneer Inn and Suites hotel offers the perfect location for travelers that don't want to hassle with the traffic of Metro cities on Interstate 80 . Its centrally located between Des Moines Iowa and Iowa city.
Fee simple interest in the receiver-controlled and managed 58-room, Best Western Pioneer Inn and Suites Grinnell Iowa offered at a substantial discount to replacement cost.
BRAND TRANSFER : Ability to Get very Low transfer fees with Best Western and very minimum PIP
The Best Western Pioneer Inn offers a peaceful and private location with well-appointed guestrooms and an upscale, comfortable lobby. Travelers are one mile from Grinnell Airport and 55 miles from Des Moines Airport.
Location
State IA
County Poweshiek
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Bought with Dharam Chaudhari • Reco Real Estate Advisors
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