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29975166
29975167

2113 Sapp Bros Dr, Percival, IA 51648 For Sale

GT
MN 78241289654
Timm & Associates Inc
Listed by Timm & Associates Inc
$2,295,000
143 days on market
Updated 25 days ago

Motel 6 of Percival, IA

Details
Property Type Hospitality
Sub Type Hotel, Motel
Square Footage 1
Keys 45
Price per SqFt $2,295,000
Year Built 2005
Buildings 1
Stories 2
Acreage 1.000

Hospitality | 45 Keys

Marketing description

The Motel 6 in Percival, IA is a 45 room, 2 story hotel strategically positioned along I-29, capturing consistent transient demand and benefiting from the proximity to the greater Omaha metropolitan area. Built in 2005 and unencumbered by third party management, the property offers investors a stable operating history with meaningful upside potential through more hands on ownership. Recent capital improvements have position the asset for continued performance, making this an attractive opportunity to acquire a well maintained limited service hotel in a proven interstate location.

Investment 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

  • Currently owned through an absentee ownership model

  • Strong Historical Performance year over year

Listing Contacts

GT
MN 78241289654
Timm & Associates Inc
Listed by Timm & Associates Inc

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