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Quality Inn & Suites near I-480 and I-29 3537 W Broadway 89 Room Hotel Council Bluffs, IA 51501 $4,675,000 ($52,528/Room)
Investment Highlights
- 89 Units | Two-Story Property with Interior Corridors
- Priced at $52,528/key
- Located within 2 miles of Harrah’s Council Bluffs Casino, Stir Cove, and the Mid-America Center, driving consistent leisure and event-based demand.
- $1,405,155 Revenue 2025
- Strategically located with immediate access to I-480 and I-29, serving as a primary gateway between Council Bluffs and Omaha.
- Features an indoor heated pool, fitness center, and ~1,830 SF of meeting/event space to capture small-group and corporate business.
Executive Summary
Andrew Post is pleased to offer for sale the Quality Inn & Suites Council Bluffs, a well-positioned hospitality asset serving as a primary gateway between Council Bluffs and Omaha. This interior-corridor, two-story property is strategically located at the I-480 and I-29 interchange, providing excellent visibility and immediate access to the region's heavy interstate traffic.
The hotel is ideally situated near major demand generators, including premier casinos, event centers, and healthcare institutions, ensuring a reliable mix of year-round leisure and business guests. With a full amenity package featuring an indoor pool and flexible meeting space, this offering presents a straightforward opportunity for an investor or owner-operator to acquire a stable, branded asset in a proven Midwest market.
The hotel is ideally situated near major demand generators, including premier casinos, event centers, and healthcare institutions, ensuring a reliable mix of year-round leisure and business guests. With a full amenity package featuring an indoor pool and flexible meeting space, this offering presents a straightforward opportunity for an investor or owner-operator to acquire a stable, branded asset in a proven Midwest market.
Property Facts
| Price | $4,675,000 | Building Size | 21,796 SF |
| Price Per Room | $52,528 | No. Rooms | 89 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1963/2011 |
| Property Subtype | Hotel | Parking Ratio | 3.9/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 2.10 AC | ||
| Zoning | C-2 - Commercial District | ||
| Price | $4,675,000 |
| Price Per Room | $52,528 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.10 AC |
| Building Size | 21,796 SF |
| No. Rooms | 89 |
| No. Stories | 2 |
| Year Built/Renovated | 1963/2011 |
| Parking Ratio | 3.9/1,000 SF |
| Corridor | Interior |
| Zoning | C-2 - Commercial District |
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- Shuttle Service
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 43 | $110.00 | - |
| Guest Room | 46 | $96.00 | - |
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Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 7544-33-202-002 | Improvements Assessment | $2,716,400 |
| Land Assessment | $736,100 | Total Assessment | $3,452,500 |
Property Taxes
Parcel Number
7544-33-202-002
Land Assessment
$736,100
Improvements Assessment
$2,716,400
Total Assessment
$3,452,500
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