Hotel-Motel
Days Inn Dubuque
1111 Dodge St, Dubuque, IA 52001
Listing Price: $2,895,000
Investment Overview
The Days Inn in Dubuque, Iowa presents a compelling hands-on ownership opportunity with meaningful upside for an active operator. The property offers a strong value proposition at a favorable basis relative to room revenue, reflecting a motivated seller and an increasingly rare entry point for a stabilized hotel. Ownership has invested significantly into the asset since acquisition, with the property now in largely turnkey condition as the PIP is nearly complete, allowing a new owner to focus on operations rather than capital improvements. The hotel has a proven history of consistent performance and benefits from a diversified mix of demand drivers, including proximity to MercyOne and Finley Hospitals, multiple nearby colleges, and regional casinos, which collectively support steady year-round occupancy. Additional revenue potential is provided through the on-site restaurant, bar, and banquet facilities, while the asset’s size and layout offer operational efficiencies and the opportunity to further enhance performance through hands-on management and cost controls.
Days Inn Dubuque
Investment Highlights
- Substantially Completed Wyndham PIP And Consistently Generates Approximately $1.75M In Room Revenue, Minimizing Near-Term Capital Needs While Supporting Immediate Cash Flow And NOI Growth
- Offered At An Attractive Basis Relative To Replacement Cost And Room Revenue, Providing A Rare Opportunity To Acquire A Stabilized Hotel Below Replacement Value
- Strong Year-Round Demand Generated By Two Major Hospitals, Multiple Colleges, Regional Casinos, Tourism, And Corporate Travel Supports Consistent Occupancy
- Hands-On Ownership Opportunity To Increase NOI Through Expense Controls, Revenue Management, And Operational Efficiencies
- On-Site Restaurant, Lounge, And Banquet Facilities Generate Diversified Revenue Streams Beyond Room Income And Provide Additional Growth Potential
- Well-Maintained Asset With Proven Operating History And Motivated Seller Creates An Attractive Value-Add Investment Opportunity
Listing Price: $2,895,000
Investment Highlights
- Substantially Completed Wyndham PIP And Consistently Generates Approximately $1.75M In Room Revenue, Minimizing Near-Term Capital Needs While Supporting Immediate Cash Flow And NOI Growth
- Offered At An Attractive Basis Relative To Replacement Cost And Room Revenue, Providing A Rare Opportunity To Acquire A Stabilized Hotel Below Replacement Value
- Strong Year-Round Demand Generated By Two Major Hospitals, Multiple Colleges, Regional Casinos, Tourism, And Corporate Travel Supports Consistent Occupancy
- Hands-On Ownership Opportunity To Increase NOI Through Expense Controls, Revenue Management, And Operational Efficiencies
- On-Site Restaurant, Lounge, And Banquet Facilities Generate Diversified Revenue Streams Beyond Room Income And Provide Additional Growth Potential
- Well-Maintained Asset With Proven Operating History And Motivated Seller Creates An Attractive Value-Add Investment Opportunity
Investment Overview
The Days Inn in Dubuque, Iowa presents a compelling hands-on ownership opportunity with meaningful upside for an active operator. The property offers a strong value proposition at a favorable basis relative to room revenue, reflecting a motivated seller and an increasingly rare entry point for a stabilized hotel. Ownership has invested significantly into the asset since acquisition, with the property now in largely turnkey condition as the PIP is nearly complete, allowing a new owner to focus on operations rather than capital improvements. The hotel has a proven history of consistent performance and benefits from a diversified mix of demand drivers, including proximity to MercyOne and Finley Hospitals, multiple nearby colleges, and regional casinos, which collectively support steady year-round occupancy. Additional revenue potential is provided through the on-site restaurant, bar, and banquet facilities, while the asset’s size and layout offer operational efficiencies and the opportunity to further enhance performance through hands-on management and cost controls.
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