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Comfort SuitesInvestment Opportunity

Newton, Iowa

Site Only: $700,000

Call us about a great opportunity to invest in a new hotel with water park to be built at an excellent midwest market!


Example Exterior Elevation


Hospitality Sales Group has been retained to market for sale approximately 4 acres of prime development property in Newton, Iowa. The property market and proximity to local demand generators make this location a prime spot for a Best Western Hotel with waterpark features.

This New Project Could Include:

  • New construction hotel with upper mid-scale amenities
  • Fresh and modern design with plenty of inviting public space
  • Featuring breakfast area, bar, business center, fitness facility, media center and board room.
  • Pool area with waterpark features will attract families and generate leisure travel demand

Located on I-70 just east of Des Moines, Iowa. The location is just 6 miles from the Iowa Speedway, which hosts 9 NASCAR races each year. There is also a sprint car race track nearby in Knoxville which hosts racing from April through September each year. Horse racing and casinos can be found within 20 miles of the hotel and a 4-year college is located just 18 miles away in Grinell.

*Best Western branding subject to accepted membership application.

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Proposed Site Plan
 

Demand Generators
  • 30mi. from Des Moines
  • Iowa Speedway
  • Sprint Car Race Track
  • Maytag Dairy Farm
  • Wagman Mill
  • Trainland USA, Newton Country Club
  • International Wresting Institute
  • New Manufacturing Facilities added 1200 jobs recently
For more information on this property, contact:


Michael Burgett
Chief Operating Officer &
Managing Partner
317-254-2100 - Office
866-799-1708 - Fax
Contact:


 

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The information contained on this page has been obtained from sources believed to be reliable. While we do not doubt its accuracy or credibility, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm the accuracy and completeness of this information. Any projections, estimates, assumptions or opinions used are for example only and do not represent or guarantee the current or future performance of the property. In considering this property, you should conduct an independent investigation of the property and consult with tax, financial and legal advisors to determine the property's suitability. This information is confidential, and for the sole purpose of identifying properties that are being offered for sale. All correspondence and inquiries should be made directly to Ron Burgett, and not to the hotels staff or management directly.