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Executive Summary

The Super 8 by Wyndham in Independence, Iowa offers a rare hospitality investment opportunity, coming to market for the first time in 30 years. This well-maintained, 38-guestroom hotel includes an onsite two-room manager’s apartment, creating operational efficiency and reducing staffing overhead for an incoming owner.
Positioned in a stable Eastern Iowa market with consistent leisure and commercial demand, the property benefits from long-term ownership, disciplined upkeep, and recent capital improvements. The hotel features brand-new mattresses and linens throughout, significantly reducing near-term CapEx and enhancing guest satisfaction. Operationally, the asset is clean and compliant, having passed its most recent Wyndham Quality Assurance audit, underscoring its adherence to brand standards and readiness for a new owner.
This Super 8 represents an attractive acquisition for investors seeking a manageable, branded, limited-service hotel with upside potential.? Its established presence, strong regional demand drivers, and turnkey operational profile create a compelling opportunity to secure a long-held asset in a growing Midwest corridor.?

Data Room Click Here to Access

Property Facts

Price $1,800,773 CAD
Price Per Room $47,389 CAD
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.78 AC
Building Size 15,825 SF
No. Rooms 38
No. Stories 2
Year Built/Renovated 1991/2019
Parking Ratio 2.4/1,000 SF
Corridor Interior
Zoning Commercial

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 3 $130.21 CAD -
Guest Room 35 $102.51 CAD -
Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
06.33.351.010
Land Assessment
$177,758 CAD
Improvements Assessment
$772,103 CAD
Total Assessment
$949,861 CAD
  • Listing ID: 41949735

  • Date on Market: 2026-08-31

  • Last Updated:

  • Address: 2000 1st St W, Independence, IA 50644

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