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Hotel-Motel

Best Western Plus Dubuque Hotel & Conference Center

3100 Dodge St, Dubuque, IA 52003

Listing Price: $11,500,000

Cap Rate
7.58%
Number of Rooms
150
RevPAR
$52
Gross SF
85,281
Price/Room
$76,667
RRM
4.00
Price/Gross SF
$134.85
Year Built
1978

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Best Western Plus Dubuque Hotel & Conference Center, a three-story full service hotel located in Dubuque, Iowa. The hotel consists of 150 interior corridor rooms with close proximity to U.S. Routes 20 and 61. Amenities include Old Chicago Pizza & Tap Room, a heated indoor pool & spa, spacious atrium, fitness center, complimentary breakfast buffet and complimentary airport shuttle. Business amenities include a business center and 8,718 square feet of meeting space. Each guest room is equipped with a flat-screen TV, work desk with lamp, refrigerator and microwave. Select suites include a jetted tub and/or sofa bed.

The hotel leases satellite, copier and other equipment. Buyer will assume equipment leases.

Investment Highlights

  • Well-Maintained Property | Renovated in 2018
  • Onsite Restaurant Leased to Experienced Restaurant Franchisee
  • TripAdvisor Certificate of Excellence Recipient 5 Years Running
  • Within Minutes of the Mississippi River and University of Dubuque
  • Short Drive to Employers such as UPS, Georgia Pacific, Coca Cola & FedEx
  • Minutes to Mercy Medical Center & UnityPoint Health Finley Hospital

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s) IA: B63379000

    Iowa

Hotel-Motel

Best Western Plus Dubuque Hotel & Conference Center

Listing Price: $11,500,000

Cap Rate
7.58%
Number of Rooms
150
RevPAR
$52
Gross SF
85,281
Price/Room
$76,667
RRM
4.00
Price/Gross SF
$134.85
Year Built
1978

Investment Highlights

  • Well-Maintained Property | Renovated in 2018
  • Onsite Restaurant Leased to Experienced Restaurant Franchisee
  • TripAdvisor Certificate of Excellence Recipient 5 Years Running
  • Within Minutes of the Mississippi River and University of Dubuque
  • Short Drive to Employers such as UPS, Georgia Pacific, Coca Cola & FedEx
  • Minutes to Mercy Medical Center & UnityPoint Health Finley Hospital

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Best Western Plus Dubuque Hotel & Conference Center, a three-story full service hotel located in Dubuque, Iowa. The hotel consists of 150 interior corridor rooms with close proximity to U.S. Routes 20 and 61. Amenities include Old Chicago Pizza & Tap Room, a heated indoor pool & spa, spacious atrium, fitness center, complimentary breakfast buffet and complimentary airport shuttle. Business amenities include a business center and 8,718 square feet of meeting space. Each guest room is equipped with a flat-screen TV, work desk with lamp, refrigerator and microwave. Select suites include a jetted tub and/or sofa bed.

The hotel leases satellite, copier and other equipment. Buyer will assume equipment leases.

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s): IA: B63379000

    Iowa

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