PRICE REDUCED! This two-story, 156 room hotel that sits on a 4.29 acres site in Burlington, Iowa. There are currently 96 operational rooms for a new hotel operator, the remaining 60 rooms need to be renovated. The property was a former Howard Johnson Hotel. The location offers a prime location off Highway 61 (N. Roosevelt Avenue), next to the Catfish Bend Casino, Indoor Courts and Fun City Complex. It is a unique New Orleans style hotel with poolside rooms and balconies that overlook the sizable, enclosed pool area. There is a large banquet space with a bar for events. A full kitchen for the banquet space and the front hotel restaurant. The sizeable, covered recreation area has a pool and hot tub that are fenced in, a poolside seating area, a put-put golf area and a tiki bar. This high traffic intersection and corridor of Burlington offers over 15,000 vehicles per day, excellent visibility, and accessibility to entertainment and businesses. The property is also located in an “Opportunity Zone”.
Excellent property for entrepreneurs and businesses in the hospitality industry! The seller is motivated.