Property Overview
• Owner Financing possible
• 2023 Room Revenue exceeded $1.7M | 2024 tracking to top $2M
• Fantastic location immediately on I-44 exit
• Extremely attractive with indoor and outdoor rooms
• Priced at 2.9X 2023 Room Revenue
SEEKING IMMEDIATE OFFERS
The 151 room Quality Inn is currently absentee operated by a retired, Alaska based owner. The hotel is a prime opportunity for an experienced operator with great unrealized potential. Currently operating well below the competitive set, the hotel has recent historic (pre pandemic) revenues in the mid $2.5M range and excellent upside for a new owner. In the past 12 months the hotel has received over $350K in improvements including bathrooms and carpet. The turnpike exit is home to a number of competitive hotels as well as numerous national chain food outlets, 24 hour gas/EV charging, Walmart, Lowes and other exit draws. The hotel has a very strong, long history of success in the market when run by hospitality savvy investors. The current owner will consider financing the hotel with buyer qualification and acceptable terms. Seeking realistic offers with the ability to close quickly.
Property Highlights
| Asking Price | Call Broker for Price |
| Location | Interstate 44 turnpike gate location |
| Property Description | Full Service |
| Number of Rooms | 151 |
| Major Source of Business | Interstate, Corporate, Leisure, Transient, Sports / University |
| Site Size | +/- 4.2 acres |
| Year Built |
1966 |
| Last Year Renovated |
2024 |
| Common Area Amenities | Breakfast area, indoor heated pool & poolside rooms, business center, restaurant (only open for free breakfast), lounge/bar, guest laundry, vending machines, meeting space & fitness center |