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Howard Johnson Burlington 2759 Mount Pleasant St

96 Room Hotel Burlington, IA 52601 $2,900,000 ($30,208/Room)

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Investment Highlights

Two bars with liquor licenses
Three pools located on site.

164 Parking Spaces

Executive Summary

Conveniently located off Highway 61 near the Catfish Bend Casino and just west of the Mississippi River, this former Howard Johnson by Wyndham 156 room hotel with 96 operational rooms in one building and a second building with 60 rooms in need of complete remodeling is currently closed. Situated on approximately 4.29 acres, this hotel themed after the historic New Orleans properties is a Holidome resort style property with many amenities.
Make your best pre-auction offer today!

Property Facts

Price	$2,900,000	Building Size	38,504 SF
Price Per Room	$30,208	No. Rooms	96
Sale Type	Investment	No. Stories	2
Property Type	Hospitality	Year Built/Renovated	1969/2010
Property Subtype	Hotel	Parking Ratio	3.12/1,000 SF
Building Class	C	Corridor	Interior
Lot Size	4.29 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$2,900,000
Price Per Room	$30,208
Sale Type	Investment
Property Type	Hospitality
Property Subtype	Hotel
Building Class	C
Lot Size	4.29 AC
Building Size	38,504 SF
No. Rooms	96
No. Stories	2
Year Built/Renovated	1969/2010
Parking Ratio	3.12/1,000 SF
Corridor	Interior
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.