Days Inn West Branch Iowa City Area | 711 S Downey St
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Days Inn West Branch Iowa City Area 711 S Downey St
35 Room Hotel West Branch, IA 52358 For Sale 14.37% Cap Rate
Investment Highlights
- 35-room interior corridor hotel with manager’s apartment
- Many recent improvements
- Owner operator opportunity
- Great interstate location
Data Room Click Here to Access
Property Facts
| Sale Type | Investment | Building Size | 18,000 SF |
| Cap Rate | 14.37% | No. Rooms | 35 |
| Sale Conditions | Business Value Included | No. Stories | 3 |
| Property Type | Hospitality | Year Built | 1970 |
| Property Subtype | Hotel | Parking Ratio | 2.11/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 1.75 AC |
| Sale Type | Investment |
| Cap Rate | 14.37% |
| Sale Conditions | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.75 AC |
| Building Size | 18,000 SF |
| No. Rooms | 35 |
| No. Stories | 3 |
| Year Built | 1970 |
| Parking Ratio | 2.11/1,000 SF |
| Corridor | Interior |
Amenities
- Fitness Center
- Restaurant
About 711 S Downey St , West Branch, IA 52358
Property with multiple income sources. 35-room interior corridor hotel with fitness center. Owner/operator property near university and presidential museum. Located just east of Iowa City, IA on interstate-80. Leased restaurant on-site bringing in additional income.
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 35 | $83.00 | - |
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PROPERTY TAXES
| Parcel Number | 0500-13-08-303-001-0 | Improvements Assessment | $1,370,880 |
| Land Assessment | $183,200 | Total Assessment | $1,554,080 |
PROPERTY TAXES
Parcel Number
0500-13-08-303-001-0
Land Assessment
$183,200
Improvements Assessment
$1,370,880
Total Assessment
$1,554,080
zoning
| Zoning Code | Commercial (Business Dist. Commercial Zoning, Hospitality and Possible for Rental community) |
| Commercial (Business Dist. Commercial Zoning, Hospitality and Possible for Rental community) |
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Days Inn West Branch Iowa City Area | 711 S Downey St
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