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7222 Northwest Blvd
Davenport, IA 52806
Days Inn by Wyndham · Hospitality Property For Sale
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27,472 SF
PROPERTY FACTS
AMENITIES
- High Speed Internet Access
- Public Access Wifi
ABOUT 7222 NORTHWEST BLVD , DAVENPORT, IA 52806
JDS Real Estate Services, Inc. is proud to present the Days Inn by Wyndham Davenport, IA situated off the Interstate 80. This 87 Unit, extensively renovated property presents the opportunity for an owner/operator or investor to acquire a hotel that has tremendous upside as it begins to ramp up in business after a long renovation thru 2018. Through rate and expense management buyer should begin to increase their bottom-line and take home income. Currently the hotel is only performing at 64.9 index points of its comp set in RevPAR according the the STR Report, showing the great upside to be captured. In 2017 this hotel had done over $1,000,000 in revenue showing the potential is there to be had. Additional, the property has undergone an extensive renovation in 2018 leading to room closures throughout the year and losses in revenue. Remaining PIP for a new buyer is expected to be window coverings, wall arts, and bedding
PROPERTY TAXES
| Parcel Number | W0407E02 | Improvements Assessment | $1,217,610 |
| Land Assessment | $452,800 | Total Assessment | $1,670,410 |
PROPERTY TAXES
