This is a great opportunity to own the hotel Real Estate only. The hotel currently has 16 total rooms to rent. There are 11 daily rooms and 5 apartments with longer term tenants. The hotel has a large and a small banquet facility a fully equipped bar and restaurant that are not included in the sale of the hotel real estate however, they can be purchased separately. The seller will entertain a lease back arrangement for the bar and restaurant from the successful buyer.
This a great opportunity to own a building that is listed on the National Register of Historical places in Iowa. Building has been renovated but still holds all the charm of a historical building. The rental properties have been updated and hotel has several of the rooms remodeled. Hotel has 16 rooms with 11 rooms for daily rental along with 5 rooms currently used as apartments. Property also has a commercial lease unit hosting a consumer service business.
Hotel could be listed on AirBnB along with additional marketing to the festivals held in the area. Banquet facilities are underutilized at the moment but could be a good source of additional income.
This hotel is the only hotel in the area. Hotel offers restaurant and bar services for its guests setting it apart from most hotel in a large area.
Owner is retiring after 27 years.
Will train for 2 weeks @ no cost The successful owner will be well served to have strong management and marketing skills. This business gives you the opportunity to work with the public providing a great customer experience.