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The Grove Inn and Suites 711 Commercial Ave 32 Pièce Hôtel Eagle Grove, IA 50533 1 811 313 $ CAD (56 604 $ CAD/Pièce)
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- Heavy traffic State Highway (main throughfare through town)
Résumé de l'annonce
2019 Construction in excellent condition. Needs professional management to reach full potential.
Site is 2.72 acres with 20 Double Queen Guest Rooms (1 ADA), 5 King Suites (1 is ADA), and 7 King Guest Rooms (1 ADA). Two stories with elevator.
2021 Gross $465,110
2022 Gross $612,521
2023 Gross $452,837
2024 Gross $437,588
2025 Gross $345,821
In-house manager retired in late 2022 and local shareholders have been managing since then as numbers reflect. Buyer should obtain new management to pursue 2022 numbers or greater.
New in 2026 are local partnerships for fitness center/recreation access, as well as golf course, coffee, and restaurant discounts for guests.
Hotel was constructed in 2019 by local investors and nonprofits to provide an amenity to the community. No franchise, royalty, or management agreements are in place.
Change of use from hotel within next three years would trigger payback of a hotel/motel tax agreement with City of Eagle Grove. Upon expiration, this incentive is forgiven.
Site is 2.72 acres with 20 Double Queen Guest Rooms (1 ADA), 5 King Suites (1 is ADA), and 7 King Guest Rooms (1 ADA). Two stories with elevator.
2021 Gross $465,110
2022 Gross $612,521
2023 Gross $452,837
2024 Gross $437,588
2025 Gross $345,821
In-house manager retired in late 2022 and local shareholders have been managing since then as numbers reflect. Buyer should obtain new management to pursue 2022 numbers or greater.
New in 2026 are local partnerships for fitness center/recreation access, as well as golf course, coffee, and restaurant discounts for guests.
Hotel was constructed in 2019 by local investors and nonprofits to provide an amenity to the community. No franchise, royalty, or management agreements are in place.
Change of use from hotel within next three years would trigger payback of a hotel/motel tax agreement with City of Eagle Grove. Upon expiration, this incentive is forgiven.
Faits sur la propriété
| Prix | 1 811 313 $ CAD | Taille du bâtiment | 18 774 pi² |
| Prix par chambre | 56 604 $ CAD | Nombre de pièces | 32 |
| Type de vente | Investissement | Nombre d’étages | 2 |
| Type de propriété | Services hôteliers | Année de construction | 2019 |
| Sous-type de propriété | Hôtel | Ratio de stationnement | 2,06/1 000 pi² |
| Classe d’immeuble | B | Corridor | Intérieur |
| Taille du lot | 2,72 AC | ||
| Zonage | Commercial - Within City of Eagle Grove, Wright County, Iowa | ||
| Prix | 1 811 313 $ CAD |
| Prix par chambre | 56 604 $ CAD |
| Type de vente | Investissement |
| Type de propriété | Services hôteliers |
| Sous-type de propriété | Hôtel |
| Classe d’immeuble | B |
| Taille du lot | 2,72 AC |
| Taille du bâtiment | 18 774 pi² |
| Nombre de pièces | 32 |
| Nombre d’étages | 2 |
| Année de construction | 2019 |
| Ratio de stationnement | 2,06/1 000 pi² |
| Corridor | Intérieur |
| Zonage | Commercial - Within City of Eagle Grove, Wright County, Iowa |
Commodités
- Accès Internet à haute vitesse
- Espaces de réunion
- Accès Wi-Fi public
- Sans fumée
Pièce renseignements sur le mélange
| Description | Nombre de pièces | Taux quotidien | pi² |
|---|---|---|---|
| Suite | 5 | 213,34 $ CAD | - |
| Guest Room | 27 | 171,51 $ CAD | - |
1 1
Relativement accessible à pied
30/100
Exceptionnellement adapté aux voitures
100/100
Relativement accessible en vélo
30/100
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Présenté par
Private Investor
The Grove Inn and Suites | 711 Commercial Ave
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