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Price Reduction – Super 8 in Toledo, Iowa

November 5, 2013 9:59 am

Leisure Real Estate Advisors, LLC announces a price reduction of the Super 8 in Toledo, Iowa.  The list price has been reduced by $125,000 to $1,325,000.

This 49 unit, 2-story Super 8 represents a solid opportunity to purchase a well established property in central Iowa.  The hotel is located directly on Iowa Highway 30, which is a heavily traveled state highway.

Area demand generators include a number of companies, including Meskwaki Casino, Pioneer Hi-Bred Agriculture, Tama Paperboard and 3 assisted healthcare facilities.  Toledo is the county seat of Tama County, providing steady government business.  There also is a state juvenile home in the area.

This property would be ideal for an owner/operator, offering strong cash flow, ease of operation and a quality of life community.