3330 Kimberly Rd - Hospitality FOR SALE
Davenport, IA 52807 |
312-935-1484
3330 Kimberly Rd
Davenport, IA 52807
HIGHLIGHTS
- 113-room, 2-story concrete interior corridor hotel with guest elevator, indoor swimming pool, 24-hour fitness center, and meeting room
- Unencumbered by brand and management
- Pending insurance claim for roof replacement and 20 rooms
- Surging revenues since I-74 Mississippi River bridge reconstruction completed mid-2022
- Opportunity to continue increasing revenues and profit margins
- Prior to COVID and bridge reconstruction interruptions, hotel generated over $1.5 million in revenues in 2017
OVERVIEW
CBRE Hotels is pleased to be the exclusive agent in connection with the solicitation of offers to acquire the fee-simple LaQuinta Inn & Suites, Davenport, IA. The LaQuinta is located at I-74 and US Highway 6 just north of the recently reconstructed I-74 bridge over the Mississippi River. Excellent Quad City location near TBK Bank Sports Complex (currently undergoing a multi-million dollar expansion) and Quad City International Airport.
FOR SALE DETAILS
BUILDING DETAILS
PROPERTY NAME
La Quinta Inn & Suites
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
2
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
1985
PARKING SPACES
200
LAND DETAILS
LAND ACRES
5.12 AC
LAND SF
223,027 SF
ZONING
C
APN/PARCEL ID
N2002-02B
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312-935-1484
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312-935-1484
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