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Independent motel for sale- 32 rooms

Dubuque County, IA, Iowa
$425,000
Confidential Listing
Confidential Listing

Detail

  • Type: Hotel/Motel
  • Flag:Independent motel for sale- 32 rooms
  • Service Type:Limited
  • Rooms:32
  • Corridor:Exterior
  • ADR:$55
  • Business center:No
  • Pool:None
  • Parking:100
  • Celing height:
    10'
  • Status: Price Reduced
  • Listing ID:4908
  • Listing Date:July 19, 2018
  • Financing: Bank Financing
  • Capital Amount: $125,000
  • Floors: 2
  • Construction: Masonry

      • Description

      Nice independent 32 room motel at Iowa
      3 hrs from Chicago ,IL.
      Net sales 175K -2017 and 160 K -2016
      Property tax 8K
      Brick construction, large parking lot, excellent condition inside and out side
      Please sign NDA first then call for more detail

      Highlights

      .High Traffic

      Financial Details

      • Types:Actual
      • Year:2017
      AnnualPer SF
      Gross rental income: $189,000 $Infinity
      Other Income:
      Operating Expenses:
      Property Taxes: $8,000 $Infinity
      Total Expenses:
      Net Operating Income:

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