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.
ABVI of Stuart, IA
The Americas Best Value Inn by Sonesta in Stuart, IA is a 61 room, 2 story hotel ideally positioned along the I-80 corridor with convenient access to the Des Moines metropolitan area. Owned by the original developer since construction and recently converted to an...
