Super 8 of Clarinda, IA

http://timmhotelbroker.com/wp-content/uploads/2021/01/Exterior-wpcf_410x250.jpg
$1,350,000
1203 South 12th Street Clarinda, IA 51632
40
Super 8
Wyndham
Limited Service
Southwest Iowa

Property Overview

Conveniently located at the intersection of Route 71 and Highway 2, the Super 8 of Clarinda, Iowa is situated among popular area attractions. Clarinda, IA is located approximately 2 hours from Omaha, NE, Lincoln, NE and Des Moines, IA. Due to its recent renovations, an incoming buyer can expect a limited property improvement plan. The Clarinda market benefits from stable demand generators from the industrial, education, and manufacturing industries.

Investment Highlights

  • Priced at 2.57 x 2020 room revenue
  • Ideal hotel investment for an owner/operator
  • Priced at $33,750 per room
  • To request more information on this property, please complete a confidentiality agreement. All inquiries must be made through Timm & Associates, Inc. Interested buyers are not allowed to visit or contact the property or its management directly.