Best Western La Grande Hacienda
$2,700,000
1401 North 2nd Street, Cherokee, IA 51012
29,034 sqft
Building Size
3.07 acres
Lot Area
Details:
Highlights:
- 55 Rooms
- 2 Story with Interior Corridors and Indoor Pool
- $1,014,354 Revenue in 2025
- $788,894 Trailing Twelve Revenue through Sep 2026
- Asking 3.42x Current Revenue Multiplier
- DEX 3.0 Signed off in 2025 Sept
- Motivated Absentee Owner
Description:
The Best Western La Grande Hacienda represents a compelling opportunity to acquire a nationally recognized hospitality asset in the established market of Cherokee, Iowa. Operating under the esteemed Best Western flag, the property provides investors the immediate advantage of stepping into an active lodging facility backed by established brand awareness and a powerful national reservation system.
Strategically positioned along North 2nd Street, the property boasts excellent visibility and seamless connectivity throughout Northwest Iowa via convenient access to Highways 3 and 59. This highly accessible location effectively places the hotel at the nexus of the community's commercial corridor while remaining intimately close to vital civic, healthcare, and tourism destinations.
Location
Gallery
