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2113 Sapp Bros Dr
Percival, IA 51648

$2,350,000 USD

Hotel For Sale  •  22,500 SF

Property Details

  • Property Type Hotel
  • Total Building Size 22,500 SF
  • Lot Size 1.18 AC
  • Building Class C
  • Year Built 2005
  • Zoning C
10 Walk Score

Highlights

Strategically located on I-29, capturing significant transient demand from millions of annual travelers, and located approximately 1 hour from Omaha
Current ownership has completed a variety of property improvements leaving minimal expected change of ownership PIP
Priced below 3X revenue multiple
Strong Historical Performance year over year
Strong In Place Cash Flow, $53 RevPAR T-12 Revenues
Out of state absentee ownership

Amenities

  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 51
Type: Surface
Included in Rent: Yes
Gregory Timm 952-932-9987 Timm & Associates, Inc
Gregory Timm 952-932-9987 Timm & Associates, Inc