HOLIDAY INN EXPRESS & SUITES COUNCIL BLUFFS CONVENTION CENTER

2211 S 3RD ST

COUNCIL BLUFFS, IA 51501


Availability: Closed

Price: $8,900,000

Address:
2211 S 3rd St

Council Bluffs, IA 51501

Number of Rooms: 112

Year Built: 2008

INVESTMENT OVERVIEW

Hunter Havericak Hotel Group of Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 112-room Holiday Inn Express & Suites located in Council Bluffs, Iowa, a suburb of Omaha, Nebraska. The hotel is a three-story property built in 2008 located just off the I-29 and I-80 intersection on the outskirts of the convention center grounds. Holiday Inn Express & Suites Council Bluffs Convention Center provides the opportunity for a new owner to acquire a select-service hotel with potential to realize significant RevPAR growth through hands-on management and utilization of the IHG name, reservation system, and loyal base of guests.

INVESTMENT HIGHLIGHTS

  • IHG Brand Affiliation
  • February 2023 T-12 RevPAR is Over $6 Higher than the Previous Year
  • 2022 RevPAR is Above 2021 and 2019
  • Proximate to Ameristar Casino, Horseshoe Casino, Charles Schwab Field, Creighton University, Nebraska Medical Center, Downtown Omaha, and More

EXCLUSIVELY LISTED BY

SCOTT J. HAVERICAK

Scott.Havericak@MarcusMillichap.com

(954) 554-1639

ROBERT S. HUNTER

Robert.Hunter@MarcusMillichap.com

(954) 245-3473

BROKER OF RECORD

JON RUZICKA
IA Broker of Record
952.852.8700 Direct
License: B63379000