LaQuinta Inn & Suites Davenport
Compelling value-add opportunity for a new owner-operator
Marketing description
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LaQuinta Inn & Suites and Conference Center at 3330 Kimberly Road & 3326 Kimberly Road, Davenport, IA 52807 presents a compelling hospitality investment opportunity in the heart of the Quad Cities. Ideally located just off I-74 with direct access to I-80, the property offers excellent connectivity to Chicago, Des Moines, Downtown Davenport, Moline, and Quad City International Airport. Parcel A features a 113-room, two-story interior corridor hotel on 4.24 acres, renovated in 2018, with amenities including an indoor pool, fitness center, business center, complimentary breakfast, pet-friendly accommodations, and meeting space. The room mix includes king rooms, double queens, suites, and a jacuzzi studio suite. Positioned to benefit from Davenport’s diversified corporate base, regional logistics and manufacturing growth, healthcare demand, sports tourism, and downtown/event spillover, this offering provides meaningful upside through operational improvements and targeted revenue management. Available together or separately, this is a flexible value-add opportunity in a growing Midwest market.
You may also be interested in LaQuinta Inn & Suite Conference Center (Parcel B): Click HERE
- Non-Contingent
- Earnest Money Deposit: Greater of $20,000 or 10% of the Purchase Price
- Marketing Fee: 5% of the Winning Bid Amount, $20,000 minimum
- $10,000 Participation Deposit
- Close of Escrow: 9/1/2026
3330 E Kimberly Rd, Davenport, IA 52807
Investment highlights
- LaQuinta Inn & Suites Davenport (Parcel A): 113-room, 2 story concrete interior corridor hotel with guest elevator, indoor swimming pool, 24-hour fitness center, and a meeting room that is approximately 600 SF
- Compelling value-add opportunity for a new owner-operator to enhance occupancy and ADR through dynamic pricing, improved channel mix, and focused sales execution, resulting in meaningful cash flow upside
- LaQuinta Conference Center (Parcel B): 9,936 SF building zoned C-3 on .78 acres, includes 3,000 SF of conference space and 5,544 SF warehouse space with one 12’x14’ overhead door and 1,242 SF open mezzanine. Parcel A and B can be bought separately
- The parcels are located off I-74 and US Highway 6 in the Quad Cities, a short drive from Downtown Davenport and Moline and just six miles from the Quad City International Airport (MLI) near TBK Bank Sports Complex build in 2018 that is currently undergoing a multi-million-dollar expansion
- Concrete and Block Construction
- The parcels are offered separately allowing you to acquire one or both of the parcels
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