1900 Dodge Rd NE | Cedar Rapids, IA 52402
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- LoopNet Team
1900 Dodge Rd NE
Cedar Rapids, IA 52402
Residence Inn Cedar Rapids | Value Add · Hospitality Property For Sale · 47,650 SF
Investment Highlights
- Property tours are available April 5th between 12 pm and 5 pm and April 6th between 9 am and 2 pm.
- Well-equipped with guest suites, a fitness center, an indoor pool, a basketball court, and more.
- Conveniently located right off and visible from Collins Road a major thoroughfare which sees over 22,320 daily vehicles and is accessible to I-380.
- This property represents the opportunity to acquire a premium-branded extended-stay Marriott hotel.
- Home to Nearly 300 manufacturing plants and two dozen Fortune 500 companies, including Collins Aerospace, AEGON, General Mills, and Quaker Oats.
- The Iowa City/Waterloo submarket has seen an increase in demand for the hospitality sector, with a room demand increase of 6.8% in December 2022.
PROPERTY FACTS
| Sale Conditions | Auction Sale | Building Size | 47,650 SF |
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1996/2004 |
| Building Class | B | Parking Ratio | 1.36/1,000 SF |
| Lot Size | 2.01 AC | Corridor | Interior |
| Sale Conditions | Auction Sale |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.01 AC |
| Building Size | 47,650 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1996/2004 |
| Parking Ratio | 1.36/1,000 SF |
| Corridor | Interior |
Amenities
- Fitness Center
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
PROPERTY TAXES
| Parcel Number | 14044-06002-00000 | Improvements Assessment | $2,919,600 |
| Land Assessment | $501,300 | Total Assessment | $3,420,900 |
PROPERTY TAXES
Parcel Number
14044-06002-00000
Land Assessment
$501,300
Improvements Assessment
$2,919,600
Total Assessment
$3,420,900
zoning
| Zoning Code | S-MC |
| S-MC |
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