Hotel-Motel
Days Inn Dubuque
1111 Dodge St, Dubuque, IA 52001
Listing Price: $3,200,000
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
- Hands-On Ownership Opportunity: Ability to actively manage and enhance performance.
- Strong Value Proposition: Under 2x RRM, reflecting seller's motivated position.
- Turnkey Condition: PIP largely complete, minimal capital improvements needed for the next owner.
- Consistent Room Revenue: Has generated over $1.6m annually.
- Strategically Situated: Minutes away from MercyOne and Finley Hospitals, multiple colleges, and local casinos, providing diverse and consistent guest traffic.
Listing Price: $3,200,000
Investment Highlights
- Hands-On Ownership Opportunity: Ability to actively manage and enhance performance.
- Strong Value Proposition: Under 2x RRM, reflecting seller's motivated position.
- Turnkey Condition: PIP largely complete, minimal capital improvements needed for the next owner.
- Consistent Room Revenue: Has generated over $1.6m annually.
- Strategically Situated: Minutes away from MercyOne and Finley Hospitals, multiple colleges, and local casinos, providing diverse and consistent guest traffic.
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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