5202 N Brady St
Davenport, IA 52806

Auction:5/8 - 5/10: Davenport Hotel & Conference C Property Tour and Contact Detail Information: Property tours are available by appointment. Please contact the listing broker to schedule a tour of the property. Investment Highlights: *Fee simple interest in a 280 unit, full-service, conference style hotel. *Delivered free of franchise encumbrances; Ramada, Park Inn & other franchises may be available. *Interior Corridor property with 13 banquet halls with a capacity of 35,000 sq. ft. *Full-service hotel with restaurant capacity of 120, and bar with capacity of 65. *Excellent Location near Interstate 80 and many regional demand drivers. Investment Overview: The Hotel Davenport and Conference Center is a 280 unit, three story, interior corridor property. The property is located in Davenport, IA, just off of Interstate 80 and U.S. Route 61. The property is undergoing large scale updates and can be easily franchised. Revenues are expected to increase sharply upon conversion to a new flag. Davenport is third largest city in Iowa, with an estimated population of 102,157 people. Davenport is the largest of the "Quad Cities." Quad Cities is a metropolitan area with an estimated population of 382,630 people. Davenport has a rich and diverse economy, with the largest employers being manufacturing, health, and education industries. Davenport forms the Quad Cities with Moline, Rock Island, Bettendorf, and East Moline. ***Please Note: This financial is an accommodation and predates the current owner. No representations to accuracy are made.***