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Beautiful thirty units well maintained Super 8 franchise motel with a nice living quarter. Great interstate location on heavily traveled I-35, in southern Iowa, at exit # 4, US Hwy 69 with traffic counts over 5000 per day. Property has recently been remodeled to meet all the franchise requirements of 2013 with new bedding, new Simmons mattresses, and new carpets in rooms as well as hallways. Exterior is refurbished with new stucco & paint. It is a home of Graceland private university. Super 8 provide free breakfast, HSIA and free local calls. All rooms are equipped with micro/fridges. It is an ideal motel for starter investor with good occupancy, high ADR and room revenue.

Presented By

Ashok Parikh

Cell Phone 319-431-1372

Contact Me

Property

Subtype
Business
Area
OT-W (West of I-380)
Lot Size
1.55 Acre
Acres
1.55
Year Built
1992
County
Decatur
Zoning
Comm
Gross Tax
$35638
Traffic Count
5001-10000

Building

Total SqFt
25,988

Ceiling Height
  • 7ft-10ft

Floor
  • Carpet

Utilities

Heating/Cooling
  • Electricity Heat
  • Window/Wall Air

Utilities
  • Electric
  • Gas

Power Available
  • 220 Volt

Terms

Terms
  • Cash

Lease Terms

Owner Pays
  • Re Tax
  • Insurance
  • Improvment
  • Janitorial
  • Heating
  • Water
  • Electricity
  • Trash Collection

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Listing Agent: Ashok Parikh | Office: Skogman Realty Commercial | Data courtesy of Cedar Rapids Association of Realtors MLS