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ABVI 203 SE 7th St 61 Room Hotel Stuart, IA 50250 $2,940,856 CAD ($48,211 CAD/Room)
Investment Highlights
- Strategically located on I 80 capturing strong transient demand and located approximately 30 minutes from Des Moines
- Recently converted in February 2026 to an ABVI by Sonesta from Motel 6
- Currently owned by the original developer and first time offered for sale
- Current ownership completed improvements leaving minimal expected change of ownership PIP
Executive Summary
Timm and Associates, Inc. has been exclusively retained to represent the ownership in the sale of the ABVI of Stuart, IA. The hotel is a 61 room, 2 story hotel ideally positioned along the I 80 corridor with convenient access to the Des Moines metropolitan area. Owned by the original developer since construction and recently converted to an ABVI, this offering presents a rare opportunity to acquire a well maintained asset that has not previously been available on the open market. With recent improvements completed and the property operating unencumbered by third party management, the hotel provides investors with a stable operating foundation and revenue growth potential through more hands on ownership in a strong interstate location.
Property Facts
| Price | $2,940,856 CAD | Building Size | 28,556 SF |
| Price Per Room | $48,211 CAD | No. Rooms | 61 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1995/2019 |
| Property Subtype | Hotel | Parking Ratio | 0.64/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 1.74 AC | ||
| Zoning | C - Commercial | ||
| Price | $2,940,856 CAD |
| Price Per Room | $48,211 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.74 AC |
| Building Size | 28,556 SF |
| No. Rooms | 61 |
| No. Stories | 2 |
| Year Built/Renovated | 1995/2019 |
| Parking Ratio | 0.64/1,000 SF |
| Corridor | Interior |
| Zoning | C - Commercial |
Amenities
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 12 | $121.74 CAD | - |
| Guest Room | 49 | $114.90 CAD | - |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 04-04-300-012 | Improvements Assessment | $2,916,837 CAD |
| Land Assessment | $238,004 CAD | Total Assessment | $3,154,841 CAD |
Property Taxes
Parcel Number
04-04-300-012
Land Assessment
$238,004 CAD
Improvements Assessment
$2,916,837 CAD
Total Assessment
$3,154,841 CAD
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ABVI | 203 SE 7th St
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