Econo Lodge by Choice Hotels

Property Features

• 49 room hotel
• Building size: 19,976 sq. ft. (two floors)
• Lot size: 1.37 acres (60,012 sq. ft.)
• Annual occupancy: 73.86%
• ADR: $62.22
• 2019 Revenue: $885,000
• PIP List: Nothing pending
• Year built: 1981
• Ample surface parking available
• All showings must be set up by broker

Pricing

• Price Reduced: $2,200,000
• $44,898/per key
• Price includes FF&E
• 2019 Real Estate Taxes: $15,987
• Financials available upon request

Location

• Located just south of 9th Street SE
• Area neighbors include: Hy-Vee, Menards, Target, Wal-Mart, Applebee’s, Buffalo Wild Wings, Culver’s, Runnings