The Historic Park Motel
www.GlobalBX.com
Listing ID:
700130394
Listing Title:
The Historic Park Motel
Quick Link:
http://www.globalbx.com/listing.asp?bId=130394
Industry:
Hotels and Holiday Accommodation
Industry Segment:
Motels
Country:
United States
State / Province:
Iowa
Area
City:
Denison
Asking Price Range:
$500K - $1.0M
Gross Revenues:
$208,000
Cash Flow:
$56,100
Cash Flow Type:
EBITDA
Year Established:
1942
Number of Employees:
1 - 3
Business Description:
The Historic Park Motel For Sale
Perfect for the Owner/Operator
Bed & Breakfast Atmosphere with Great Potential.
The Park Motel is a 33 unit motel built in the Spanish Hacienda style, with tile roofs and arched doorways. The Park is listed on the National Register of Historic Buildings. It is the longest continuously running motel in Iowa.
It has old world charm, with all of the modern amenities and updates.
It has beautiful theme rooms and Jacuzzi suites, as well as single and double rooms, each with a microwave/refrigerator. Modern laundry equipment. Wi-Fi, new switchboard, internet reservation system, with software.
The owner/manager's apartment has two bedrooms, and two bathrooms, with a Jacuzzi. Excellent location, large lot, truck parking. Email or Call 712-269-0484
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