For Sale
$3,599,999

140 55Th St Davenport, IA 52806

Iowa Hotel Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional investment opportunity presents the Country Inn & Suites Davenport, a 69-room hotel ideally situated at 140 E 55th St, Davenport, IA 52806. Boasting a substantial 31,854 square feet of space on a 2.05-acre lot, this established hotel, built in 1996, offers ample parking with a generous 1.11 spaces per room. The asking price is $3,599,999, translating to an attractive $52,174 per key and $113.02 per square foot. This property benefits from a strong local demographic with a growing population and increasing household incomes, presenting a compelling investment case within a thriving market. The hotel's location in Scott County, Iowa provides convenient access to local amenities and attractions. This offering is presented on a confidential basis, and a disclaimer applies. Detailed financial information and supporting documentation are available upon request. This is a rare opportunity to acquire a well-established hotel in a desirable location with significant growth potential. Serious inquiries only.

Highlights

  • $3,599,999 asking price.
  • 69-room hotel in Davenport, IA.
  • 31,854 square feet on a 2.05-acre lot.
  • Built in 1996; 1.11 parking spaces per room.
  • $52,174 per key; $113.02 per square foot.

Property Details for 140 55Th St

Property type
Hospitality properties, Hotels

Location Insight

City
Davenport
County
Scott
State
Iowa
Latitude
41.5771816
Longitude
-90.572184

FAQs

What type of property is this?
Hospitality property - Iowa Hotel Investment Opportunity
Where is the hospitality property located?
The property is located at 140 55Th St Davenport, IA.
What is the asking price?
The asking price for this property is $3,599,999.
What are key features of this property?
This property features: $3,599,999 asking price.; 69-room hotel in Davenport, IA.; 31,854 square feet on a 2.05-acre lot.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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140 55Th St
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