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Off Market
1/34

945 Highway 69 S
Forest City, IA 50436


HIGHLIGHTS

  • Beautiful Wooded Setting Along the Winnebago River
  • All Rooms are Suites
  • Proximity to the local college, Winnebago Rally Grounds, and Winnebago Manufacturing

OVERVIEW

Amazing business opportunity in Forest City, Iowa. This hotel features 18 guest rooms between the main lodge and adjacent guest lodge. Set on 15+ acres overlooking the Winnebago River and Bear Creek Golf Course. This is an idyllic setting for weddings, business events, family gatherings, or that romantic weekend away. Adjacent to the property sits the Winnebago Rally Grounds, offering many revenue opportunities for parking and room rental throughout the summer months. Winter months, guests can experience the snow shoeing and cross-country skiing trials along the Winnebago River. The property consists of 3 buildings, the main lodge, a detached guest lodge, and a maintenance building. Property is being marketed As-Is. 64%+ occupancy rate on par with industry average and room for growth. Motivated Seller.

FOR SALE DETAILS

PRICE

-

# OF ROOMS

-

CAP RATE

-

STATUS

Converted

BUILDING DETAILS

PROPERTY NAME

The Lodge Resort Hotel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

7940

STORIES

1

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1968

PARKING SPACES

17

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Commercial

APN/PARCEL ID

2850020255