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Best Western Crossroads Of The Bluffs 2216 27th Ave 107 Room Hotel Council Bluffs, IA 51501 $7,000,000 ($65,421/Room)
Investment Highlights
- Qualifies for Best Western Auto Transfer
- Long term ownership of over 20 years, reflecting stable historical performance and consistent property reinvestment
- Located at the interchange of Interstates 29 and 80 within the greater Omaha MSA
- Additional land included as part of the sale, offering future redevelopment or expansion potential
Executive Summary
Timm and Associates, Inc. has been exclusively retained to represent the ownership in the sale of the Best Western Crossroads of the Bluffs. The hotel is 107 rooms located at the interchange of Interstates 29 and 80 in Council Bluffs, directly within the greater Omaha metropolitan area. The property benefits from long term ownership of over 20 years, consistent reinvestment, and strong guest reviews across major online platforms. The hotel operates unencumbered by third party management and qualifies for Best Western’s auto transfer program, which may allow a new owner to continue operating under the brand subject to customary review and brand standards. Amenities include an indoor pool, fitness center, breakfast area, and ample parking, with additional land included in the sale that provides future redevelopment or expansion potential.
Property Facts
| Price | $7,000,000 | No. Rooms | 107 |
| Price Per Room | $65,421 | No. Stories | 2 |
| Sale Type | Investment | Year Built/Renovated | 1973/2024 |
| Property Type | Hospitality | Tenancy | Single |
| Property Subtype | Hotel | Parking Ratio | 2.51/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 6.05 AC | Opportunity Zone |
Yes
|
| Building Size | 56,558 SF | ||
| Zoning | P-C | ||
| Price | $7,000,000 |
| Price Per Room | $65,421 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 6.05 AC |
| Building Size | 56,558 SF |
| No. Rooms | 107 |
| No. Stories | 2 |
| Year Built/Renovated | 1973/2024 |
| Tenancy | Single |
| Parking Ratio | 2.51/1,000 SF |
| Corridor | Interior |
| Opportunity Zone |
Yes |
| Zoning | P-C |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 2 | $199.00 | - |
| Guest Room | 105 | $114.00 | - |
1 1
Property Taxes
| Parcel Number | 7444-02-307-007 | Improvements Assessment | $5,287,400 |
| Land Assessment | $722,400 | Total Assessment | $6,009,800 |
Property Taxes
Parcel Number
7444-02-307-007
Land Assessment
$722,400
Improvements Assessment
$5,287,400
Total Assessment
$6,009,800
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Best Western Crossroads Of The Bluffs | 2216 27th Ave
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