2216 27th Ave - Hospitality FOR SALE


Council Bluffs, IA 51501
$7,000,000 USD
952-932-9987
2216 27th Ave, Council Bluffs, IA for Sale
$7,000,000 USD
Hospitality - FOR SALE
1/7
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2216 27th Ave
Council Bluffs, IA 51501


HIGHLIGHTS

  • Qualifies for Best Western Auto Transfer
  • Located at the interchange of Interstates 29 and 80 within the greater Omaha MSA
  • Long term ownership of over 20 years, reflecting stable historical performance and consistent property reinvestment

OVERVIEW

Timm and Associates, Inc. has been exclusively retained to represent the ownership in the sale of the Best Western Crossroads of the Bluffs. The hotel is 107 rooms located at the interchange of Interstates 29 and 80 in Council Bluffs, directly within the greater Omaha metropolitan area. The property benefits from long term ownership of over 20 years, consistent reinvestment, and strong guest reviews across major online platforms. The hotel operates unencumbered by third party management and qualifies for Best Western’s auto transfer program, which may allow a new owner to continue operating under the brand subject to customary review and brand standards. Amenities include an indoor pool, fitness center, breakfast area, and ample parking, with additional land included in the sale that provides future redevelopment or expansion potential.

FOR SALE DETAILS

PRICE

$7,000,000 USD

PRICE/SF

$124 USD /SF

# OF ROOMS

107

PRICE/ROOM

$65,421 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Best Western Crossroads Of The Bluffs

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1973

PARKING SPACES

142

LAND DETAILS

LAND ACRES

6.05 AC

LAND SF

263,538 SF

ZONING

P-C

APN/PARCEL ID

7444-02-307-007

ASK ABOUT THIS PROPERTY

Gregory TimmTimm & Associates, IncMore Info
952-932-9987

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Gregory TimmTimm & Associates, IncMore Info
952-932-9987

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