1019 W Platt St - Hospitality FOR SALE


Maquoketa, IA 52060
$1,500,000 USD
818-357-5156
1019 W Platt St, Maquoketa, IA for Sale
$1,500,000 USD
Hospitality - FOR SALE
1/5
null | Request Cap Rate

1019 W Platt St
Maquoketa, IA 52060


HIGHLIGHTS

  • 3 Story, Interior Corridor Hotel
  • 48 Rooms
  • Located 3 Hours from Chicago - Close by to Dubuque, IA and the Quad Cities
  • Perfect for Owner-Operator with an On-site Manager's Apartment
  • 2024 Revenue: $443,610

OVERVIEW

The Econo Lodge is a 48-room, three-story interior corridor hotel located in Maquoketa, IA. Centrally located between Dubuque, IA and the Quad Cities, the hotel offers comfortable accommodations with convenient amenities for all travelers. The hotel is positioned just off IA-61 Freeway nearby to popular Maquoketa Caves state park, and is a perfect opportunity for an owner-operator with an on-site manager's apartment. The hotel is in excellent condition with numerous recent renovations and has upside for a new operator to drive additional revenue growth. Interested buyers are invited to contact us for further information, to schedule a property visit, or to submit an offer. All property visits are by appointment only. Please do not contact the hotel or speak with the staff.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$74 USD /SF

# OF ROOMS

50

PRICE/ROOM

$30,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Econo Lodge Maquoketa

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1990

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.45 AC

LAND SF

63,162 SF

ZONING

B-1

APN/PARCEL ID

145172430202600

ASK ABOUT THIS PROPERTY

Eric WoldAmber Hotel CompanyMore Info
818-357-5156

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Eric WoldAmber Hotel CompanyMore Info
818-357-5156

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.