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Forest City, IA
Award-winning hotel. Ideal corporate retreat center, special use, or continued use as resort hotel and restaurant. $387 K gross sales. Summer 70% average occupancy rate. Winter 60% average occupancy rate. Priced below appraised value. Note: Google Map pointer, satellite and street view is incorrect (sorry, I have not been able to correct). We are located at the south end of town, and the map views are incorrect. Wooded acres could easily be developed into condos or other. Older but well-maintained. Built 1968/1970/1988. Updates. Main building containing 10 large suites, 3 smaller rooms, 2 staff apartments, and restaurant, is a beautiful A-Frame of rock and wood construction with two-story addition. 5 smaller standard rooms with decks in secondary lodging building. Large garage/storage building. $2 million replacement value on buildings. Beautiful land parcel overlooking public golf course. Property bordered by Winnebago Industries' WIT camp grounds, and, Tree Town Festival grounds attracting thousands of visitors each year. River with fishing and canoeing runs through the property, also paved hiking trails. Open year round. Winter cross-country skiing trails. Lies within city limits. FSBO Priced to sell at $1.2 million or best offer. Will consider trade for larger well-located investment property. Web pages: www.thelodgeforestcity.com Please contact by email rather than phone.
A 36 room franchised motel located in northeast Iowa. Includes a swimming pool and spa plus a spacious meeting room. Maintenance has been exceptional and meets current franchise requirements. Complete room renovations in 2015. Building includes drive thru canopy and concrete parking lot. A second motel in same community is also available from same owner. For confidential information, contact Done Orke, Calhoun Companies, 952-831-3300.
A 54 room independent motel located in northeastern Iowa. Spacious living quarters with two bedrooms and potential third bedroom. Three stall garage plus storage shed. Motel roof replacement in 2012. A second motel in same community is also available from same owner. For confidential information, contact Don Orke, Calhoun Companies, 952-831-3300.
144-room Full Service Hotel. I-80 location with 26,000 VPD.
Beautiful grand looking farm house on major highway is only a few miles from a regional retail hub city. Buyer could continue operation as bed and breakfast or use as a home with a stable for horses or rent out one or two of the two farm houses on this property sitting on 4 acres.
Motel is located in the SW Iowa County Seat Community of Audubon, IA. The property consists of two buildings face to face with at door parking. There are 15 nicely decorated motel rooms of which 6 are singles & 9 are doubles. All rooms are on the ground level and have mini-refrigerators and microwaves available. The owners live on-site and have made numerous improvements including the remodeling of what was once office space into a nice apartment which is currently occupied by a family member. The property has great curb appeal, easy visibility with frontage on a busy US Highway.
A 52 room independent motel located in southwestern Iowa. A package of four motels within 50 miles and owned by same family is available. Contact Don Orke at Calhoun Companies, 952-831-3300.
A 43 room independent motel located in southwestern Iowa. A package of four motels within 50 miles and owned by same family is available. Contact Don Orke at Calhoun Companies, 952-831-3300.
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