Address: 2080 Holliday Dr, Dubuque, IA 52002, USA
Created date: November 4, 2024
Date last updated: January 13, 2025
- Fee simple interest in the 87-room Holiday Inn Express & Suites in Dubuque, Iowa
- The asset will be available for purchase in the January 22nd auction event via RealInsight Marketplace
- Offered for sale as part of an eight-property (8) portfolio, with all properties being sold individually
- Strong operational upside in transitioning the asset out of institutional ownership and third-party management
- Property is offered unencumbered by management and debt and at a significant discount to replacement cost
- Property is situated directly adjacent to and visible from the heavily trafficked NW Arterial commercial corridor, with upwards of 18,000 vehicles passing the location daily
- Dubuque is Iowa’s oldest city, known for its rich history, scenic landscapes, vibrant culture, and well-preserved architecture
- Leisure demand capitalizes on outdoor recreation destinations such as Eagle Point Park (known for its stunning views of the Mississippi River), Mines of Spain State Recreation Area, Sundown Mountain Resort, and the National Mississippi River Museum & Aquarium
- Corporate and business demand spans a variety of industries, particularly manufacturing, healthcare, education, and financial services, including John Deere Dubuque Works, MercyOne Dubuque Medical Center, Dubuque Community School District, and Sedgwick
- Higher education is driven by the University of Dubuque, Loras College, and Clarke University, with aggregate enrollment exceeding 5,000 students, all located within five miles of the hotel
- Dubuque Regional Airport (DBQ) is located 20 minutes from the property and handles a mix of commercial, general aviation, and military flights, with passenger traffic of approximately 35,000 to 40,000 passengers annually
Property Description
Alchemy Real Estate Advisors, in conjunction with RI Marketplace, is pleased to offer, on an exclusive basis, the opportunity to acquire the fee simple interest in the 87-room Holiday Inn Express & Suites in Dubuque, Iowa. The Property is offered for sale as part of an eight (8) property portfolio across five (5) states in Illinois, Iowa, Kansas, Missouri, and Oklahoma. All properties will be sold individually in the January 22nd Auction event through RealInsight Marketplace.
The eight properties include:
Holiday Inn Express & Suites: Jacksonville, Illinois
Holiday Inn Express & Suites: Mattoon, Illinois
Holiday Inn Express & Suites: Dubuque, Iowa
Holiday Inn Express & Suites: Emporia, Kansas
Holiday Inn Express & Suites: Nevada, Missouri
Holiday Inn Express & Suites: Bethany (OKC MSA), Oklahoma
Holiday Inn Express & Suites: Chickasha (OKC MSA), Oklahoma
Hampton Inn: Chickasha (OKC MSA) Oklahoma