La Quinta Inn & Suites | 3330 Kimberly Rd
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La Quinta Inn & Suites 3330 Kimberly Rd
113 Room Hotel Davenport, IA 52807 For Sale
Investment Highlights
- 113-room, 2-story concrete interior corridor hotel with guest elevator, indoor swimming pool, 24-hour fitness center, and meeting room
- Pending insurance claim for roof replacement and 20 rooms
- Opportunity to continue increasing revenues and profit margins
- Unencumbered by brand and management
- Surging revenues since I-74 Mississippi River bridge reconstruction completed mid-2022
- Prior to COVID and bridge reconstruction interruptions, hotel generated over $1.5 million in revenues in 2017
Executive Summary
CBRE Hotels is pleased to be the exclusive agent in connection with the solicitation of offers to acquire the fee-simple LaQuinta Inn & Suites, Davenport, IA. The LaQuinta is located at I-74 and US Highway 6 just north of the recently reconstructed I-74 bridge over the Mississippi River. Excellent Quad City location near TBK Bank Sports Complex (currently undergoing a multi-million dollar expansion) and Quad City International Airport.
Property Facts
| Sale Type | Investment | No. Rooms | 113 |
| Property Type | Hospitality | Number of Floors | 2 |
| Property Subtype | Hotel | Year Built | 1985 |
| Building Class | B | Tenancy | Single |
| Lot Size | 5.12 AC | Parking Ratio | 3.21/1,000 SF |
| Building Size | 62,204 SF | Corridor | Interior |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 5.12 AC |
| Building Size | 62,204 SF |
| No. Rooms | 113 |
| Number of Floors | 2 |
| Year Built | 1985 |
| Tenancy | Single |
| Parking Ratio | 3.21/1,000 SF |
| Corridor | Interior |
Amenities
- Business Centre
- Fitness Centre
- Pool
- Meeting Event Space
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 14 | £81.37 | - |
| Guest Room | 99 | £65.73 | - |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £3,090,936 | |
| Land Assessment | £436,576 | Total Assessment | £3,527,512 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£436,576
Improvements Assessment
£3,090,936
Total Assessment
£3,527,512
zoning
| Zoning Code | C |
| C |
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La Quinta Inn & Suites | 3330 Kimberly Rd
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