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Holiday Inn Express & Suites Marshalltown

Marshalltown, IowaSelect-service hotelSeller reviewing early interest
Price guidance
$13.4M guidance
Keys
93
TTM revenue
$3.3M
NOI
$1.1M
Occupancy
68%
ADR
$128
RevPAR
$87
Cap rate
8.1%

Public summary

93-key Holiday Inn Express hotel in Marshalltown, IA. Upper-midscale select-service asset with branded distribution and Marshalltown, Iowa demand drivers.

  • Holiday Inn Express flag with national reservation distribution
  • Upper-midscale select-service operating model in the Marshalltown market
  • 93 keys with in-place cash flow and brand-standard condition

Seller

Hotel owner, developer, and operator headquartered in Iowa, with properties across Hilton, Marriott, IHG, Choice, and other brand families in markets nationwide.

Company
Hawkeye Hotels
Headquarters
Coralville, Iowa
Deal room
Seller approval required
Process
Offers accepted online

Asset and market overview

Location

Marshalltown, Iowa draws corporate, leisure, and event demand that supports the Holiday Inn Express flag.

Asset

Select-service hotel operating under the Holiday Inn Express brand, offered as an individual asset.

Upside

  • Revenue management optimization
  • Expense benchmarking against comp set
  • Negotiated corporate account growth

Property facts

Year built
Last renovated
Brand class
Upper-midscale select-service
Brand family
IHG
Keys
93
Address
Marshalltown, Iowa — full address shared with approved buyers