1919 Central Ave - Hospitality FOR SALE


Estherville, IA 51334
$1,600,000 USD
818-357-5156
1919 Central Ave, Estherville, IA for Sale
$1,600,000 USD
Hospitality - FOR SALE
1/6
null | Request Cap Rate

1919 Central Ave
Estherville, IA 51334


HIGHLIGHTS

  • 33 Unit, 2 Story, Interior Corridor Hotel
  • Nearby to Iowa's Great Lakes Region - Strong Leisure Travel Demand
  • Recently Renovated - Property In Excellent Condition
  • 2024 Revenue: $525,776
  • Asking 3x Room Revenue

OVERVIEW

The Super 8 is a 33-room, two-story interior corridor hotel located in Estherville, IA. The hotel is conveniently located at the intersection of IA state highways 9 and 4. The hotel is well maintained and has consistent growing revenue. Estherville, Iowa, is located just a short drive from Iowa’s Great Lakes region, including the popular vacation destinations of Okoboji and Spirit Lake. The property has been recently renovated and is in excellent condition. Interested buyers are invited to contact us for further information, to schedule a property visit, or to submit an offer. All property visits are by appointment only. Please do not contact the hotel or speak with the staff.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$111 USD /SF

# OF ROOMS

34

PRICE/ROOM

$47,059 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Super 8 by Wyndham Estherville

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1995

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,640 SF

ZONING

Commercial

APN/PARCEL ID

0511432023,0512302009

ASK ABOUT THIS PROPERTY

Eric WoldAmber Hotel CompanyMore Info
818-357-5156

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Eric WoldAmber Hotel CompanyMore Info
818-357-5156

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.