AmericInn by Wyndham Council Bluffs - Council Bluffs, IA
About This Property
- 85 Units
- Interior Corridor Hotel
- Underperforming due to Poor Management with RevPAR at 50 as of Dec 2024
- Located 5 Minutes from Downtown Omaha, Nebraska, near Interstates 29 and 80
- 2024 Revenue: $752,455
- Perfect for Owner Operator with Manager's Quarters Available
- Western Inn also for Sale by Same Owner as Package Deal - Directly Across Interstate 80
The AmericInn by Wyndham in Council Bluffs is an 85 unit, interior corridor, two story hotel, located just five minutes from downtown Omaha, along the Missouri River and near Interstate 80 and Interstate 29. As the largest city in Southwest Iowa, Council Bluffs benefits significantly from its proximity to the vibrant business and leisure hub of Omaha, Nebraska.
This well-maintained hotel offers a range of amenities, including an indoor pool, RV parking, a fitness center, manager's quarters, and a business center. The manager's quarters are equipped with a kitchen and a spacious living room, located near the front desk for easy access, making it ideal for an owner to manage operations and respond to guest needs efficiently. However, the property is currently underperforming due to poor management, with the RevPAR index being 50.0, leaving major upside for a new owner to step in and manage.
Council Bluffs has experienced significant economic growth over the past few decades. The city's economy has diversified through key sectors such as technology, gaming, manufacturing, and energy, all of which act as primary demand generators. One of the most influential economic demands is its technology sector, particularly the establishment of large data centers. The city's proximity to major metropolitan areas and its competitive utility rates have attracted significant investments from global technology giants. Google opened its first data center in the city in 2009, investing approximately $600 million in the project. Over time, this investment grew, expanding its operations to a total of $5 billion. This investment has had a major impact on job creations and infrastructure development, with over 300 employees working at the facility.
The Seller is also selling the Western Inn which is located directly across Interstate 80 - Offers are encouraged for both hotels as a package.
This agreement (“Agreement”) is between Amber Hotel Company (“Amber”) and the undersigned party (“Buyer”) who is interested in buying investment real estate.
The investment real estate is exclusively listed for sale with Amber. Amber shall provide Buyer with related confidential information, subject to the terms and conditions of this Agreement.
By checking the below box and viewing this property, you agree that:
- The related confidential information is provided for the sole purpose of having a Buyer evaluate the purchase of the property for itself or its affiliates. Buyer and its affiliates shall keep the related information confidential, and not reproduce, distribute or disclose such information to third parties, except to the extent third party consultants, lenders, or other agents of Buyer are required, in which case such third parties will be held to the same confidentiality standards as Buyer. Amber shall not be responsible for the accuracy or completeness of the information provided, or for any loss or expense, whether direct or indirect, arising from Buyer’s or Buyer’s affiliate’s use and reliance on the information.
- The undersigned principal or any company or entity in which the undersigned principal has controlling interest, including real estate brokerage companies, shall not be paid any form of commission or fee by the owner of the property for the purchase of the property.
- All offers and purchase agreements for the property from Buyer or its affiliates shall be submitted through Amber. Buyer shall not contact the owner of the property directly or act either directly, indirectly, through any third parties including affiliates, clients or other brokers to circumvent the purpose of this Agreement. Amber may solicit, represent and accept offers for the property from other potential buyers without obligation to this Buyer. Buyer acknowledges that real estate brokers are not qualified as experts for legal, financial, accounting, environmental, construction, soils, geological or engineering advice.
This property information, market information, and other information on this page as well as any related documents have been provided by the seller or other outside sources. Interested parties are highly encouraged to verify the information independently. Amber has not independently verified any information.