$100,000 PRICE REDUCTION!! Pella, Iowa is only 35 miles from Des Moines with a vibrant business community and several area demand generators. Immediate cash flow for an owner with a very reasonable Change of Ownership PIP! Call today for details.

Executive Summary

$100,000 Price Reduction!!

The town of Pella, Iowa – population 10,300 – is approximately 35 miles from metro Des Moines and boasts over 6500 manufacturing jobs. Pella Corp., a nationally known and respected window manufacturer, employs over 2400 employees. The Pella window line is rated among the highest in customer satisfaction by J.D. Powers.  Other area employers include Vermeer Corp. and Pella Regional Health Center (cutting edge surgical robotics team, family clinics, exceptional maternity units and award-winning patient care).

This very well maintained Super 8 is an ideal opportunity for an owner-operator with its 38 units.  It is a 2018 Pride of Super 8 and TripAdvisor Certificate of Excellence Award Winner.  Many improvements have been made to the hotel, including newer LED flat screen TV’s, beds, top of bedding and guestroom light package. Also, newer carpet and paint throughout the hotel, plus an updated breakfast area and lobby, are appreciated by guests.  There is also a very nice, 2-room living quarters.

In addition to Pella having a solid manufacturing and agricultural background, demand generators include Central College, a 4-year liberal arts college with enrollment of 1500.  Lake Red Rock is a short drive and is Iowa’s largest lake.  The Pella Sports Park and Soccer Complex host a variety of baseball, softball and soccer tournaments annually.  And Pella Tulip Time ((http://www.pella.org/visit-pella/tulip-time/) is an annual event that draws national attention.

If you are looking for a well-maintained hotel with increasing revenue and net income, the Super 8 Pella should be on your list of hotels to explore.

Property Details

Address
105 Oskaloosa, Pella, IA 50219
Price
$1,550,000 
Rooms
38 
Price Per Key
$40,789 
Property Type
Limited Service 
Revenue
Call or Email for CA 
Website
 

Hotel Description

  • $100,000 Price Reduction!!
  • 2-Story/Interior Corridor
  • 2018 Pride of Super 8 and TripAdvisor Certificate of Excellence Award Winner
  • Change of Ownership PIP available – very reasonable
  • New Roof (2016) with warranty
  • Newer LED flat screen TV’s, beds, top of bedding & guestroom light package
  • Newer carpet & paint throughout and tile floor in lobby/breakfast area
  • Microwave and mini fridge in all guestrooms
  • 100% non-smoking

Contact a Broker

Dave Jones Headshot

Dave Jones

KS
Phone: 913-499-4725