711 S Downey St - Hospitality FOR SALE
West Branch, IA 52358 |
$1,495,000 USD
952-852-9731
711 S Downey St
West Branch, IA 52358
HIGHLIGHTS
- 35-room interior corridor hotel with manager’s apartment
- Owner operator opportunity
- Conveniently Off Interstate 80, The Property Offers Excellent Visibility and Accessibility for Travelers
- Proximity to Key Demand Generators, Including the Herbert Hoover National Historic Site, the University of Iowa, and a Mix of Regional Manufacturing a
- Opportunity for a Hands-On Operator to Achieve Additional Cash Flow Through Expense Cutting and Managerial Efficiencies
FOR SALE DETAILS
PRICE
$1,495,000 USD
PRICE/SF
$83 USD /SF
# OF ROOMS
35
PRICE/ROOM
$42,714 {currency}
CAP RATE
9.34%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Days Inn West Branch Iowa City Area
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
3
ROOM ENTRANCE
Interior
BUILDING CLASS
C
YEAR BUILT
1970
PARKING SPACES
38
LAND DETAILS
LAND ACRES
1.75 AC
LAND SF
76,230 SF
ZONING
Commercial
APN/PARCEL ID
0500-13-08-303-001-0
ASK ABOUT THIS PROPERTY
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952-852-9731
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952-852-9731
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