Thursday, March 26 11:00 am
West Des Moines, IA
Description
Full Service Hotel
84,430 Sq. Ft. 3-Story Building
HIGH GROSS REVENUES!
111 Queen Queen Rooms
7 Queen Rooms
13 King Rooms
3 – 1 Bedroom Parlor Suites
1 Large Meeting Room • 3 Board Rooms
Interior Corridors
Indoor Pool • Exercise Room
Business Center
Guest Laundry • In-house Laundry
2-10 passenger vans
1-20 passenger bus
1 maintenance van
OPERATING HOTEL IN EXCELLENT CONDITION
Fireside Lounge (49 seat capacity)
West End Diner (75 seat capacity)
INSPECTIONS
Thursday, March 12, 10:00 AM – 3:00 PM
Friday, March 13, 10:00 AM – 3:00 PM
Wednesday, March 25, 10:00 AM – 3:00 PM
Other times by Appointment.
Broker Participation is welcome, but not required. A 1% Commission will be paid to the licensed broker who, 1 hour prior to the start of the auction, registers the bidder who pays for and settles for the real estate. A broker buying on his behalf, or on behalf of any business entity in which he holds an interest, is not entitled to a commission.
84,430 Sq. Ft. 3-Story Building
HIGH GROSS REVENUES!
111 Queen Queen Rooms
7 Queen Rooms
13 King Rooms
3 – 1 Bedroom Parlor Suites
1 Large Meeting Room • 3 Board Rooms
Interior Corridors
Indoor Pool • Exercise Room
Business Center
Guest Laundry • In-house Laundry
2-10 passenger vans
1-20 passenger bus
1 maintenance van
OPERATING HOTEL IN EXCELLENT CONDITION
Fireside Lounge (49 seat capacity)
West End Diner (75 seat capacity)
INSPECTIONS
Thursday, March 12, 10:00 AM – 3:00 PM
Friday, March 13, 10:00 AM – 3:00 PM
Wednesday, March 25, 10:00 AM – 3:00 PM
Other times by Appointment.
Broker Participation is welcome, but not required. A 1% Commission will be paid to the licensed broker who, 1 hour prior to the start of the auction, registers the bidder who pays for and settles for the real estate. A broker buying on his behalf, or on behalf of any business entity in which he holds an interest, is not entitled to a commission.
Directions
The hotel is conveniently located less than a half mile off of Interstate 235 just east of the Interstate 35/80 exchange. The hotel is across from Valley West Mall.
Payment Information
$100,000 Certified Deposit due on day of sale, with a deposit equal to 10% due within 2 business days, and balance due within 30 days.
Full Terms
7% Buyer Premium. Real Estate selling Subject to Owner Confirmation. Attorney Robert Douglas, Davis Brown Law Firm, 515-246-7978, is coordinating the closing. Real Estate is selling AS-IS, WHERE IS WITH NO WARRANTIES OR GUARANTIES EXPRESSED OR IMPLIED. See Bidder Kit for complete terms. In all transactions, auctioneer is acting as an Agent for the Seller. All information received from reliable sources believed to be correct but not guaranteed by auction company. Any announcement made at the auction takes precedence over any material published about this event. Valid Government Issued Photo ID required to obtain bidding number.