Details for BLOOMBERG AUCTION COMPANY - Ad from 2019-09-17

AUCTION September 16, 2019 – Time: 12:00 NOON Location: Roy El Motel. 405 Highway 61 South. Wapello, Ia This turnkey motel is going up for public auction. It will be conducted live & on-line. Description: This 20 unit roadside motel sits on approximately 3 acres in the middle of Wapello, Iowa. A city of over 3,000. It is extremely clean, and very well maintained, and has an apartment that may be used as housing for an on-site full time manager. The roof was replaced 5 years ago. It has nice signage, gazebo, deck and grilling area. Circle drive is perfect for tractor/trailer guest parking. Auctioneers note: This is a great investment opportunity. $99,000 Opening Bid. This motel sits half way between Muscatine and Burlington, Iowa. It is also very near Mount Pleasant, Iowa. Over 10,000 cars go by daily. This location benefits from year round tourism due to the thousands of acres of public hunting and fishing. The surrounding towns also have numerous festivals and reunions. Please contact O.D. Holley @ 815-218-0705 or Jon Bloomberg @ 309-644-1854 for a private viewing, and terms and conditions. 10% Buyers Premium

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