35-37 W Broadway, Council Bluffs, IA

Hotel for Sale - $2,900,000 - 25,000 Sq. Ft. on 2.87 acres


Agent Info

Anthony Briguglio
Cross Country Commercial Realty

Property Info

CIMLS#1089265
Location
  35-37 W Broadway
  Council Bluffs IA 51501
UpdatedFebruary 23rd, 2021
TypeHotel
Price$2,900,000
Building25,000 Sq. Ft.
Land2.87 acres

Attached Documents


Contact


Property Description

Great Location

• Busy Area

• Great Income Potential

• New Off Ramp Coming Soon

• Right on the Iowa Nebraska Boarder

• Near All Sports Venues/ Ball Parks

• Lot Size: Approx. 2.87 Acre

• Building Sq. Ft.: Approx. 25,000

• 89 Keys


Financials

• 2019 Stats:

• Lodging Sales: $1,122,140

• Total Income: $1,056,977

• Gross Profit: $980,209

• Total Expenses: $986,119

• Total NOI: $-5,776 + Add Backs