Hospitality Business for Sale in Dubuque, IA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Hospitality Business
  • Location: Dubuque, IA 52001
  • Year built: 1970

Description

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. 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 $1.75m annually. • Strategically Situated: Minutes away from MercyOne and Finley Hospitals, multiple colleges, and local casinos, providing diverse and consistent guest traffic.

Market Context

This hospitality in Dubuque, IA is listed for sale. It is offered at an approximate 8.0% capitalization rate, a key benchmark for income-producing hospitality assets. The building dates to 1970. It has been on the market for 52 days. Compare it against other hospitality listings for sale in Dubuque, IA — <a href="/search/sale/hospitality/iowa/dubuque">view the full market</a>.

Contact

Explore this market

Similar Hospitality Business for Sale in Dubuque, IA