2225 Lincoln Way
Hospitality | 29 Keys
Marketing description
Well-maintained, family-owned 29-room independent motel located along heavily traveled Lincoln Way in Clinton, Iowa. Property includes a spacious 3-bedroom manager's apartment with full kitchen and living area. Stable year-round demand supported by multiple major area employers. Significant buyer advantage with an assumable SBA loan (subject to SBA approval) featuring approximately $480,000 remaining, 28 years amortization, and a fixed 3.75 interest rate. Recent improvements include new curtains and valances (2023), updated hardwood flooring in all ground-floor guest rooms (2023), refinished bathtubs (2024), and a new commercial-grade water heater (2026). Guest amenities include complimentary fiber Wi-Fi, a covered gazebo with grill, and an on-site dog run/garden. No franchise fees. Excellent opportunity for an owner-operator or hands-on investor with additional upside through management, marketing, and light property updates.
Investment highlights
- Well-maintained, family-owned 29-room independent motel located along heavily traveled Lincoln Way in Clinton, Iowa
- Property includes a spacious 3-bedroom manager's apartment with full kitchen and living area
- Stable year-round demand supported by multiple major area employers
- Significant buyer advantage with an assumable SBA loan (subject to SBA approval) featuring approximately $480,000 remaining, 28 years amortization, and a fixed 3.75 interest rate
- Recent improvements include new curtains and valances (2023), updated hardwood flooring in all ground-floor guest rooms (2023), refinished bathtubs (2024), and a new commercial-grade water heater (2026)
- Guest amenities include complimentary fiber Wi-Fi, a covered gazebo with grill, and an on-site dog run/garden
- No franchise fees
- Excellent opportunity for an owner-operator or hands-on investor with additional upside through management, marketing, and light property updates
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