Evergreen Inn


Price:
$400,000

Address :
221 W McLane St
Osceola, IA 50213


  •  Great owner/operator property with on-site living quarters
  •  SBA financing candidate
  •  Offered at discount to replacement cost
    View Map    View Aerial
  •  Located in the heart of Osceola
  •  Osceola is the county seat and population center of Clark County, Iowa
  •  Close to Regional Demand Generators:
    •  Lakeside Casino
    •  Lyric Theatre
    •  Osceola Golf Course
    •  Coyote Canyon Wildlife Area
    •  Mormon Trail Historical Marker
    •  Stephens State Forest
    •  Lake Ahquabi State Park and Balloon Classic
    •  Covered Bridges of Madison County
    •  John Wayne Birthplace and Museum
  •  Single Story, Exterior Corridor
  •  Wood Frame Construction
  •  Single Story, Exterior Corridor Wood Frame Construction Vinyl Siding
  •  Pitched, Metal Roof
  •  Concrete Parking Lot
  •  Wireless Interne
  •  2-Bedroom Living Quarters with Full Kitchen and Living Room Adjacent to Office
  •  Built in 1946
Thank you for your interest in this Mumford Company Listing. In order to review the financial and operating performance of this property, please complete the required fields below. If you are a real estate broker, please click here and you will be directed to our co-brokerage registration form.




Please check this box if you would like to subscribe to our weekly newsletter.

Financials
2018
2019
2020
T-12Mos 8/21
Average Daily Rate
$58.25
$55.73
$54.50
$60.62
Room Revenue
$165,780
$139,636
$134,581
$159,864
Net Operating Income
$51,647
$24,048
$19,930
N/A
Prior to 2021, the living quarters were used as a corporate suite. Its rental was included in the rent roll and skews the occupancy rate.
This is a confidential offering intended for the recipient's use in determining the advisability of negotiating for purchase. Do NOT Contact the Property Directly! All Showings by Appointment Only!