|
Lender Ordered Auction: 193-Room Full Service Hotel, Sioux City, IA. Excellent Downtown Location Just Off I-29
707 4th ST
Sioux City, IA 51101
Lender Ordered Auction: 193-Room Full Service Hotel, Sioux City, IA. Excellent Downtown Location Just Off I-29! The property contains 193 guest rooms, including 86 single kings, 69 doubles, 26 single queens, and 12 suites. There is a restaurant and lounge with combined seating for 94±, as well as 11,877± SF of meeting space. The property also features an indoor heated pool, sauna, and exercise facilities.
Near by attractions to the property: The property is adjacent to the Sioux City Conference Center and only one block from the Orpheum Theater and Mercy Hospital. It is minutes from the exciting 4th St. Historic District rich with dining and entertainment options, as well as convenient to the riverfront Chris Larsen Park, home to numerous engaging festivals. It is only 8± miles from Sioux Gateway Airport.
INSPECTIONS DATES AND TIMES:
Monday, November 8, 2 p.m. to 4 p.m.
Tuesday, November 9, 10 a.m. to 12 p.m.
Tuesday, November 16 (AUCTION DAY), 9 a.m. until auction at 11 a.m.
To receive a complete information package for this property, you will need to sign a Confidentiality Agreement and fax it back to Tranzon Fox at 757-473-9787. To download the Confidentiality Agreement click on the link that refers to Confidentiality Agreement.
Time of sale
Sold Tuesday, November 16th, 2004
Directions
From I-29, take Exit 147B. Travel approximately four blocks on Nebraska. Turn right onto 5th St. Take an immediate left onto Jackson St. Entrance to hotel is in the middle of the block.
Deposit
10% deposit with a minimum deposit of $100,000 in guaranteed funds.
Closing
30-Day closing, sold in As-Is condition, no contingencies.
Buyer premium
10% Buyers Premium based on the high bid.
Download more information
Auction Brochure
Confidentiality Agreement
Broker co-op
1.5% of the high bid will be paid to a properly registered broker at settlement.
Property ID 11160401
|
