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Motel 6 Percival 2113 Sapp Bros Dr 45 Room Hotel Percival, IA 51648 $2,350,000 ($52,222/Room)
Investment Highlights
- Strategically located on I-29, capturing significant transient demand from millions of annual travelers, and located approximately 1 hour from Omaha
- Currently owned through an absentee ownership model
- Current ownership has completed a variety of property improvements leaving minimal expected change of ownership PIP
- Strong Historical Performance year over year
Executive Summary
Timm and Associates, Inc. has been exclusively retained to represent the ownership in the sale of the Motel 6 of Percival, IA. The hotel is a 45 room, 2 story hotel strategically positioned along I-29, capturing consistent transient demand and benefiting from the proximity to the greater Omaha metropolitan area. Built in 2005 and unencumbered by third party management, the property offers investors a stable operating history with meaningful upside potential through more hands on ownership. Recent capital improvements have position the asset for continued performance, making this an attractive opportunity to acquire a well maintained limited service hotel in a proven interstate location
Property Facts
| Price | $2,350,000 | Building Size | 22,500 SF |
| Price Per Room | $52,222 | No. Rooms | 45 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 2005/2025 |
| Property Subtype | Hotel | Parking Ratio | 2.27/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 1.18 AC | ||
| Zoning | C | ||
| Price | $2,350,000 |
| Price Per Room | $52,222 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.18 AC |
| Building Size | 22,500 SF |
| No. Rooms | 45 |
| No. Stories | 2 |
| Year Built/Renovated | 2005/2025 |
| Parking Ratio | 2.27/1,000 SF |
| Corridor | Interior |
| Zoning | C |
Amenities
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 45 | $77.00 | - |
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Property Taxes
| Parcel Numbers | Improvements Assessment | $1,529,000 | |
| Land Assessment | $335,630 | Total Assessment | $1,864,630 |
Property Taxes
Parcel Numbers
Land Assessment
$335,630
Improvements Assessment
$1,529,000
Total Assessment
$1,864,630
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Motel 6 Percival | 2113 Sapp Bros Dr
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