Property Description

60 Unit Hotel - 2 Deluxe Suites, 4 Standard Suites, 10 Standard Room King Beds, 43 Two Double Beds & 1 Standard Suite Queen Bed ADA. Priced at $23,333/per Unit - Interior corridors; Included in this sale are all Fixtures, Furniture and Equipment. Each has PTAC unit, Newer Carpet, Located in the High Traffic Area in LeMars by a stop light. The 60 Rooms expand over 3 Floors. Complimentary Breakfast offered in the dining area. On Site Coin Operated W/D & Vending. Area available for an Exercise Room-now used for storage. Attached is an Event Room 1800 SF - so much potential could make into dining/bar, includes several stools, chairs, tables, hotdog roller, etc. some in boxes unused. Has its own Bathroom, water heater and electrical panel. The Site has 64 Marked parking spots around the property along with a very large gravel area for truck/trailers/larger vehicles. Shingles replaced on main building 2016, several updates 2017. Walking distance to 4 Brothers Restaurant, Hy-Vee (Convenient store, Grocery & Deli) Wal-Mart Super Store, Dollar Tree. LEMARS HOSTS SEVERAL EVENTS THAT DRAW OUTSIDE VISITORS - 5 day County Fair, HomeTown Christmas, Browns Theater to name a few. Downtown LeMars Feature Ice Cream Parlor, Alley Art, Several Nice Shops, Browns Event Center, Several Dining Choices throughout and along HWY 75. LeMars Industrial Park is home to several Corporations - Wells Enterprises, (Blue Bunny Ice Cream) Noted Ice Cream Capital of the World, Kemps Dairy, Bodeans, Schuster Trucking and many more. Floyd Valley Health Care & Clinic - City Airport is less than half a Mile. Le Mars is the County seat of Plymouth County, Iowa. It is located 20 miles North of Sioux City. The population was 10,571 at the time of the 2020 census. A Growing City with a Desirable Quality of Life & Future Plans for Growth. Financials will be shared. This Property is holding so much potential. Financials shared once a confidentiality agreement is signed by prospected Buyer(s)

Property Features

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