24936 Mulberry Ln | Underwood, IA 51576
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24936 Mulberry Ln
Underwood, IA 51576
Underwood Motel · Hospitality Property For Sale · 7,752 SF
Investment Highlights
- ?Excellent owner/operator opportunity
- ?Demand generators include I-80 traffic, casinos, golf courses, Jack Links plant, convention centers, concert venues, Henry Doorly Zoo
- ?Well below replacement cost
- ?Convenient location off I-80 and within 10 miles to Council Bluffs and 20 miles to Omaha
- ?Only hotel or motel within 13 miles
- ?Motel/market experiencing fast recovery from pandemic
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 1 |
| Property Subtype | Hotel | Year Built | 1973 |
| Building Class | C | Parking Ratio | 3.1/1,000 SF |
| Lot Size | 1.17 AC | Corridor | Exterior |
| Building Size | 7,752 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.17 AC |
| Building Size | 7,752 SF |
| No. Stories | 1 |
| Year Built | 1973 |
| Parking Ratio | 3.1/1,000 SF |
| Corridor | Exterior |
PROPERTY TAXES
| Parcel Number | 7642-21-100-007 | Improvements Assessment | $277,400 |
| Land Assessment | $84,800 | Total Assessment | $362,200 |
PROPERTY TAXES
Parcel Number
7642-21-100-007
Land Assessment
$84,800
Improvements Assessment
$277,400
Total Assessment
$362,200
zoning
| Zoning Code | M-2 (Commercial) |
| M-2 (Commercial) |
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