Relax Inn (formerly Americas Best Value Inn)


Price:
$750,000

Address :
1520 Jeffreys Drive
Osceola, IA 50213


  •  Ability to acquire hotel at a deep discount to replacement cost
  •  Several economy franchise brands available
  •  Property ceased its affiliation with Americas Best Value Inn at the end of May
  •  Opportunity to increase revenues through renovations
  •  Great owner/operator property with on-site living quarters
  •  Solid brick construction with concrete parking lot
    View Map    View Aerial
  •  Located at the junction of Interstate 35 and US 34
  •  Osceola is the county seat and population center of Clarke County, Iowa
  •  Close to Regional Demand Generators:
    •  1 Mile to Lakeside Casino
    •  1 Mile to Lyric Theatre
    •  1.5 Miles to Osceola Golf Course
    •  9 Miles to Coyote Canyon Wildlife Area
    •  10 Miles to Mormon Trail Historical Marker
    •  12 Miles to Stephens State Forest
    •  30 Miles to Lake Ahquabi State Park and Balloon Classic
    •  30 Miles to Covered Bridges of Madison County
    •  30 Miles to John Wayne Birthplace and Museum
  •  One Story
  •  Interior Corridors
  •  Concrete Construction
  •  Brick and Wood Facade
  •  Pitched Roof with Asphalt Shingles
  •  Concrete Parking Lot
  •  Continental Breakfast Area
  •  Business Center
  •  Wireless Internet
  •  2.24 Acres
  •  35 Rooms
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.




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Financials
2018
2019
2020
T-12Mos 5/21
Room Revenue
$195,506
$133,882
$76,812
$68,600
Net Operating Income
$60,699
$1,121
$(21,969)
Property ceased its affiliation with Americas Best Value Inn at the end of May.
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!