140 55th St Davenport, IA 52807-2636
This exceptional investment opportunity presents the Country Inn & Suites Davenport, a 69-room hotel ideally situated at 140 E 55th St, Davenport, IA 52806. Boasting a substantial 31,854 square feet of space on a 2.05-acre lot, this established hotel, built in 1996, offers ample parking with a generous 1.11 spaces per room. The asking price is $3,599,999, translating to an attractive $52,174 per key and $113.02 per square foot. This property benefits from a strong local demographic with a growing population and increasing household incomes, presenting a compelling investment case within a thriving market. The hotel's location in Scott County, Iowa provides convenient access to local amenities and attractions. This offering is presented on a confidential basis, and a disclaimer applies. Detailed financial information and supporting documentation are available upon request. This is a rare opportunity to acquire a well-established hotel in a desirable location with significant growth potential. Serious inquiries only.
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Country Inn & Suites by Radisson, Davenport, IA Hotel & Motel
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.