The Franklin Hotel 102 Elkader St
16 Room Hotel Strawberry Point, IA 52076 $690,000 ($43,125/Room)
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INVESTMENT HIGHLIGHTS
- The Franklin Hotel is in operation, and offers 6 long stay apartments, 11 hotel rooms, full kitchen with restaurant, catering, full bar.
EXECUTIVE SUMMARY
This property is on the Iowa Historical Registry, $15,000 in grants maybe applied for each year.
PROPERTY FACTS Under Contract
AMENITIES
- Restaurant
- High Speed Internet Access
- On-Site Bar
- Meeting Event Space
- Fully-Equipped Kitchen
- Multi-Room Suites
ROOM MIX INFORMATION
DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
---|---|---|---|
Guest Room | 16 | $65.00 | - |
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PROPERTY TAXES
Parcel Number | 22-41-22-251-001 | Improvements Assessment | $280,174 |
Land Assessment | $41,360 | Total Assessment | $321,534 |
ZONING
Zoning Code | commercial |