Hotels /IA /Linn County /Cedar Rapids /4444 Czech Ln NE
Hotels /IA /Linn County /Cedar Rapids /4444 Czech Ln NE

4444 Czech Ln NE - Hospitality FOR SALE


Cedar Rapids, IA 52402 | 
$9,000,000 USD
605-444-7117
4444 Czech Ln NE, Cedar Rapids, IA for Sale
$9,000,000 USD
Hospitality - FOR SALE
1/12
null | 12.22% Cap Rate
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4444 Czech Ln NE
Cedar Rapids, IA 52402

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OVERVIEW

-Price per Room: $121,951.22 -Price/SF: $170.39 -ADR: $115.01 -GRM: 3.76Xs -REV PAR: $96.32 -2023 Revenue: $2,653,000 -2023 Real Estate Taxes: $159,155 -2024 Projected Revenue: $2,650,000 -Building Size: 58,688 SF -# of Rooms: 82 -Lot Size: 2.36 AC (102,801.60 SF) -2024 Occupancy: 81.71%

FOR SALE DETAILS

PRICE

$9,000,000 USD

PRICE/SF

$153 USD /SF

# OF ROOMS

82

PRICE/ROOM

$109,756 {currency}

CAP RATE

12.22%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Staybridge Suites Cedar Rapids North

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2001

PARKING SPACES

1

LAND DETAILS

LAND ACRES

2.36 AC

LAND SF

102,802 SF

ZONING

S-MC

APN/PARCEL ID

14043-76001-00000

ASK ABOUT THIS PROPERTY

Dale ZomerNAI Sioux FallsMore Info
605-444-7117

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Dale ZomerNAI Sioux FallsMore Info
605-444-7117

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