3537 W Broadway - Hospitality FOR SALE


Council Bluffs, IA 51501
$4,850,000 USD
805-557-8857
3537 W Broadway, Council Bluffs, IA for Sale
$4,850,000 USD
Hospitality - FOR SALE
1/8
null | Request Cap Rate

3537 W Broadway
Council Bluffs, IA 51501


HIGHLIGHTS

  • 89 Units | Two-Story Property with Interior Corridors
  • 2025 Revenue: $1,405,155
  • Offered at Just 3.45× Revenue & $54,494 per Key
  • Strategically located with immediate access to I-480 and I-29, serving as a primary gateway between Council Bluffs and Omaha.
  • Located within 2 miles of Harrah’s Council Bluffs Casino, Stir Cove, and the Mid-America Center, driving consistent leisure and event-based demand.
  • Features an indoor heated pool, fitness center, and ~1,830 SF of meeting/event space to capture small-group and corporate business.

OVERVIEW

Andrew Post is pleased to offer for sale the Quality Inn & Suites Council Bluffs, a well-positioned hospitality asset serving as a primary gateway between Council Bluffs and Omaha. This interior-corridor, two-story property is strategically located at the I-480 and I-29 interchange, providing excellent visibility and immediate access to the region's heavy interstate traffic. The hotel is ideally situated near major demand generators, including premier casinos, event centers, and healthcare institutions, ensuring a reliable mix of year-round leisure and business guests. With a full amenity package featuring an indoor pool and flexible meeting space, this offering presents a straightforward opportunity for an investor or owner-operator to acquire a stable, branded asset in a proven Midwest market.

FOR SALE DETAILS

PRICE

$4,850,000 USD

PRICE/SF

$223 USD /SF

# OF ROOMS

89

PRICE/ROOM

$54,494 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Quality Inn & Suites near I-480 and I-29

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1963

PARKING SPACES

85

LAND DETAILS

LAND ACRES

2.1 AC

LAND SF

91,476 SF

ZONING

C-2

APN/PARCEL ID

7544-33-202-002

ASK ABOUT THIS PROPERTY

Kenneth CaroBowman Post GroupMore Info
805-557-8857

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

Kenneth CaroBowman Post GroupMore Info
805-557-8857

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