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Listed by Illinois and Midwest Leading Hotel Broker Members of Hotel Brokers International
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Exclusive Confidential Listing
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53 Unit Franchise Motel for Sale in Iowa
Excellent Condition - Highway Location
SOLD
Fitness Center: Yes
Living Quarters: Yes - two bedroom
Built: 1994 Corridors: Interior
Pool: Yes – Indoor/Outdoor Swim-thru pool with whirlpool |
Financial Information |
| Asking Price |
$2,450,000 |
| Number of Units |
53 |
| Cost per Unit |
$46,226 |
| Capitalization Rate |
12.33% |
| Room Revenue Multiplier |
3.25 |
| Room Revenue per Room |
$14,242 |
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© Hotels for Sale and Motels for Sale Group -
International Hotel Brokers Network |
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