Services - Hotels & Other Lodging | Services - Other Travel & Transportation

Asking Price	$2,250,000	Inventory
Gross Income	$583,824	Real Estate
Cash Flow	$70,107	Year Established	1998
FF&E	N/A	Employees	N/A

* included in the asking price

** not included in the asking price

The Days Inn, located in Walcott, Iowa is a 50-room, interior-corridor,limited-service property. Built in 1998, the Days Inn is situated off Exit 284 of Interstate Highway 80, just West of Davenport, Iowa. I-80 is a major trans-continental highway which runs from New York City through Chicago and Salt Lake City and ends in San Francisco. The property has maintained its franchise standards so well that it continues to have a 5-Sunburst Rating by Days Inn. The Days Inn serves travellers of all types who come through in the thousands each year. Offered at $45,000 per room, the property is well-below replacement cost and has a solid base of business in place.

Growth/Expansion: A primary market driver is the Iowa 80 Truckstop, the World's Largest Truck Stop which has more than 5,000 visitors each day. The Comfort Inn is located at the same I-80 exit on the opposite side of the highway. Offered separately is the 55-room Comfort Inn also located in Walcott on the opposite side of the I-80 adjacent to the Iowa 80 Truckstop. See Listing Agent for additional details.

Financing: Proposed Financing - New Loan, Assume 1st TD $1,687,500