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Businesses For Sale   >>   Hotels and Holiday Accommodation Businesses For Sale

The Historic Park Motel

Location  Iowa,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $208000
Net Profit / Cash Flow  $56100
Cash Flow Type  EBITDA
Seller Finance  No
Year Established  1942
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned
Training  Will be offered.
Reason for Sale  Owner retiring.

Description  
The Historic Park Motel For Sale Perfect for the Owner/Operator Bed & Breakfast Atmosphere with Great Potential. The Park Motel is a 33 unit motel built in the Spanish Hacienda style, with tile roofs and arched doorways. The Park is listed on the National Register of Historic Buildings. It is the longest continuously running motel in Iowa. It has old world charm, with all of the modern amenities and updates. It has beautiful theme rooms and Jacuzzi suites, as well as single and double rooms, each with a microwave/refrigerator. Modern laundry equipment. Wi-Fi, new switchboard, internet reservation system, with software. The owner/manager's apartment has two bedrooms, and two bathrooms, with a Jacuzzi. Excellent location, large lot, truck parking. Email or Call 712-269-0484


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