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Address: 708 W. 1st St.
 Leon, IA 50144
Brand: Independent
Units: 12
Rate: $50.00
Asking Price: $399,000

Other Features or Comments about the Hotel / Motel / Bed & Breakfast for Sale:

12 unit motel with office/lobby/commercial laundry (Continental 30 lb washer), separate 3 bed/2 bath house with walk-out basement, 2 car garage + shop area, big garden shed, gardens, all on 2 acres. Sound reduction between walls of rooms, wireless internet in place, security cameras with remote access. Solid income producer catering to construction/work crews, hunters, fishermen, local events, in-town family/guests. Member of Chamber of Commerce.

PARKING for approximately 18 vehicles (Manager has separate parking area) with 4 electrical outlets for boat hookups. Newer sign at highway.

We have lots of return guests because they love our friendly, at-home atmosphere with covered patio with grills, microwave, pizza oven & coffee machine in the lobby, ice & snacks & soda on honor system - available 24 hours. Refrigerator in each room. Fish cleaning station with freezer for fishermen.

7 years of records available

2012 - Gross Revenue $113,000

2011 - Gross Revenue $111,000

2010 - Gross Revenue $124,700

Leon is a friendly community of approximately 2,000 people, capital of white tail deer hunting, county seat, and only a couple of miles from an 800 acre lake.  Five miles east of I-35, 2 hours north of Kansas City, 1 hour south of Des Moines.

Only motel in town except for a 4-unit motel owned by retired couple. Inside city limits with city water & sewer. Good relationships with other motels in the area. Good website, excellent reservation system, good reviews due to our friendliness and high-quality standards.

Property Taxes:

Motel $3,224 annual

House: $1,000 annual

Manager's house:

3 bed/2 bath, extra kitchen in walkout basement, hot water heat + high-effiency minisplit heat pump that cools or heats. Lots of large closets, very large master bedroom. Garage is well insulated.

Excellent, hard-working & honest manager in place with thorough & reliable cleaning crew.

GARDENS: strawberries, blackberries, blueberries, asparagus, rhubarb, raised beds, herbs For extra photos, go to:

www.littleriverinnmotel.com, click on reservations to see photos of each room www.facebook.com/littleriverinnmotel

www.tripadvisor.com, look for Little River Inn Motel

No seller financing available; however, we can recommend a bank to you.

For additional information or to schedule a viewing appointment, please call Monte Beemer at 641-442-5714.

Seller Information

Contact Name:
Monte Beemer
Phone Number:  641-442-5714

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Last Revised:  June 2, 2017

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