1111 Dodge St Hwy 20

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1111 Dodge St Hwy 20

Dubuque, IA 52003
Asking Price
$2.90M
Asset Type
Hotel Hospitality
Class
Class B

What's Special

1.6x ROOM REVENUE HOTEL| Substantial Price Reduction| Economy Tier in Dubuque IA| Under $3mi <ul><li>​Priced Well Below 2X RRM - Attractive Basis With Strong Upside Potential Relative To Revenue Performance.</li></ul><p></p><ul><li>​Hands-On Ownership Opportunity - Ideal For An Active Operator To Drive Revenue Growth And Improve Margins.</li></ul><p></p><ul><li>​Turnkey Asset With Minimal Pip Required - Majority Of Improvements Complete, Limiting Near-Term Capital Needs.</li></ul><p></p><ul><li>​Consistent Revenue Generation - Property Has Produced Over $1.75M In Annual Room Revenue.</l

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NOI
$80,000
Cap Rate
2.76%
DSCR
0.47
Underwater
Cash-on-Cash
-10.58%
Monthly Payment
$14,322.88
Annual Cash Flow
$-91,874.565

Location & Travel Times