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Days Inn West Branch Iowa City Area 711 S Downey St 35 Room Hotel West Branch, IA 52358 $1,947,308 CAD ($55,637 CAD/Room)
INVESTMENT HIGHLIGHTS
- 35-room interior corridor hotel with manager’s apartment
- Conveniently Off Interstate 80, The Property Offers Excellent Visibility and Accessibility for Travelers
- Opportunity for a Hands-On Operator to Achieve Additional Cash Flow Through Expense Cutting and Managerial Efficiencies
- Owner operator opportunity
- Proximity to Key Demand Generators, Including the Herbert Hoover National Historic Site, the University of Iowa, and a Mix of Regional Manufacturing a
PROPERTY FACTS
| Price | $1,947,308 CAD | Lot Size | 1.75 AC |
| Price Per Room | $55,637 CAD | Building Size | 18,000 SF |
| Sale Type | Investment | No. Rooms | 35 |
| Sale Condition | Business Value Included | No. Stories | 3 |
| Property Type | Hospitality | Year Built | 1970 |
| Property Subtype | Hotel | Parking Ratio | 2.11/1,000 SF |
| Building Class | C | Corridor | Interior |
| Zoning | Commercial - Business Dist. Commercial Zoning, Hospitality and Possible for Rental community | ||
| Price | $1,947,308 CAD |
| Price Per Room | $55,637 CAD |
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.75 AC |
| Building Size | 18,000 SF |
| No. Rooms | 35 |
| No. Stories | 3 |
| Year Built | 1970 |
| Parking Ratio | 2.11/1,000 SF |
| Corridor | Interior |
| Zoning | Commercial - Business Dist. Commercial Zoning, Hospitality and Possible for Rental community |
AMENITIES
- Fitness Center
- Restaurant
ABOUT 711 S DOWNEY ST , WEST BRANCH, IA 52358
Property with multiple income sources. 35-room interior corridor hotel with fitness center. Owner/operator property near university and presidential museum. Located just east of Iowa City, IA on interstate-80. Leased restaurant on-site bringing in additional income.
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 35 | $115.86 CAD | - |
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PROPERTY TAXES
| Parcel Number | 0500-13-08-303-001-0 | Improvements Assessment | $1,925,154 CAD |
| Land Assessment | $257,271 CAD | Total Assessment | $2,182,426 CAD |
PROPERTY TAXES
Parcel Number
0500-13-08-303-001-0
Land Assessment
$257,271 CAD
Improvements Assessment
$1,925,154 CAD
Total Assessment
$2,182,426 CAD
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Days Inn
Days Inn West Branch Iowa City Area | 711 S Downey St
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