Lake Commercial Off Market

The Quality Inn is surrounded by retail, restaurants, and all the recreational amenities Storm Lake has to offer. The hotel's close proximity to Buena Vista University and other major businesses in the community offer exceptional opportunity for partnerships. Gross revenue andNOI exceptional in 2021, as bookings are in solid demand. Kings Point Water Park and the lake itself have elevated overall tourism to the region. The Quality Inn benefits greatly from these visitors, including spikes in summer travel. The hotel dons two sweets with whirlpool jacuzzi. It is one of only two hotels in Storm Lake that offer the opportunity for pool access. Fitness center overlooks pool area. MAJOR investments have been made into the property over the last two years including but not limited to new breakfast center, beds/furniture, carpet, and a new roof in 2021. All investments and upgrades required to meet Quality Inn franchise standards have been met. Take advantage of Iowa's low hotel transfer rate. The convenient location near HWY 71 offers even more marketability of this 60 room property. Boating, fishing for walleye, hiking and bike trails, and enjoying lakeshore views from a variety of parks are all part of what makes Storm Lake a tranquil destination for visitors from all over the region. Financials and reports available on request.

Property Details

  • Beds: 0
  • Baths: 0.0
  • Year Built: 1997
  • Location: Storm Lake
  • Acres: 2.300
  • County: Buena Vista County
  • Stories: 2.0
  • Property Taxes: $36,702
  • MLS #: 814686

Location

Click on map to activate
(Open in Google Maps)   (Bing Map)  (Mapquest Map)

Contact Information:

Ad Statistics:

Lake Commercial Off Market in Storm Lake, Iowa
Ad Number : 1998976
Viewed: 117 times
Added: Dec 14, 2021
Updated on: Jan 21, 2022
All information provided is deemed reliable but is not guaranteed and should be independently verified.
chat button