Timm & Associates, Inc. has been exclusively selected to represent the bank in the sale of the former Holiday Inn, currently unencumbered by a Franchise located in Owatonna, MN . Franchise options include: IHG, Wyndham and Best Western This is a rare opportunity to purchase this bank owned property that is priced substantially below current replacement costs for a similar new construction asset. This hotel is currently the largest full-service property in the area, allowing a unique competitive advantage over other hotel in the market. There is substantial operating and financial upside for this hotels and there is interest from multiple brands for a flag conversion.
Cobblestone Inn and Suites of Lamoni, IA
Timm & Associates, Inc. presents an exceptional opportunity to acquire the Cobblestone Inn and Suites in Lamoni, IA. Strategically located near Graceland University and conveniently situated on Interstate 35, the hotel offers easy access to both Des Moines, Iowa,...