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34340540
34340525

108 Pearl Street, Bedford, IA 50833 For Sale

DT
IA S41071000
Red Brick Realty
Listed by Red Brick Realty
$109,900
8 days on market
Updated 8 days ago

Skylark Motel

Details
Property Type Hospitality
Sub Type Motel
Square Footage 5,128
Units 15
Year Built 1951
Year Renovated 2012
Buildings 1
Stories 1
Acreage 1.280
Zoning Business/Commercial, Resi
Parking Spaces 16 spaces
Parking per 1,000 SqFt 3.12
Investment Type Value Add

Hospitality | 16 Keys

Marketing description

Here is your chance to own a working business that already has guests checking in and cash coming through the door. This established motel sits on roughly 1.28 acres M/L and offers fifteen total units, giving you plenty of room to run a solid operation from day one. Nine of those units have been freshly updated, and it shows. Think tile floors, tile showers, fresh paint and curtains, new furniture, new plumbing fixtures, televisions, microwaves, and mini fridges, all the little touches that keep travelers comfortable and happy. The remaining units leave room for you to put your own stamp on things, whether you tackle them one at a time or all at once. A dedicated office area keeps the front desk side of things organized, so you can greet guests, handle bookings, and manage the day-to-day without any headaches. There are also two garages on the property, and although they need some work just consider them a project with potential, whether you want extra storage, a maintenance space, or something entirely new. The real beauty here is that you are not starting from scratch. The business is up and running, the location is set, and the bones are all in place. Add a little vision and some elbow grease, and this could be a rewarding venture for the right owner. Opportunities like this do not roll around every day. Come take a look, picture the possibilities, and schedule your private showing today before someone else beats you to it. Give us a call today!

Investment highlights

  • Turn-key operational motel
  • Room to grow available rooms by 100%
  • Seller financing available

Listing Contacts

DT
IA S41071000
Red Brick Realty
Listed by Red Brick Realty

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Additional Information

Name
Red Brick Realty
License
F06473000
Brokerage
Red Brick Realty
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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