315 Chamberlin Drive, Denison, IA

Hotel for Sale - $1,100,000 - 11,570 Sq. Ft. on 3 acres


Agent Info

Jennifer Rose Bass
CENTURY 21 ProLink

Property Info

CIMLS#1135639
Location
  315 Chamberlin Drive
  Denison IA 51442
UpdatedNovember 16th, 2023
TypeHotel
Price$1,100,000
Building11,570 Sq. Ft.
Land3 acres

Property Description

315 Chamberlain Drive is the location of the 11, 570 sf Denison Inn & Suites hosting 42 rooms with amenities that include a breakfast room, fitness center, guest laundry, conference room and spacious manager’s apartment. Conveniently located on the corner of Hwy 59 and Hwy 30, this hospitality property is turn-key, boasting positive revenue year over year. Demand generators include Crawford County Memorial Hospital, Smithfield, Tyson Fresh Meats and Monogram Quality Foods. Each room comes stocked with a flat screen TV, microwave, mini refrigerator, hair dryer and coffee maker. The roof, water heater, water softener, commercial washing machine, lighting, and TVs were all replaced in the last few years. Purchase also includes a U-Haul business and rental from a Crypto ATM Machine. Financials are available upon request.


Financials