1757 Us Highway 71, Carroll, IA 51401

30 Room Hotel | Carroll, IA 51401 | $900,000 ($30,000/Room)

Asking Price $900,000

Property Type
Hospitality
Square Feet
12,187 SF

Listing Contacts

Cole Hornbuckle
Cole Hornbuckle
Heath Bullock
Heath Bullock
  • Property Info

Property Overview

This property is an excellent opportunity for an investor wanting to improve
operating processes. Boasting an expansive 11,832 SF building with 30 units, this
commercial property, built in 1978, offers a lucrative investment opportunity.
Located in the Carroll Iowa, the property's commercial zoning ensures versatile
potential for redevelopment. The strategic location along N US Hwy 71 provides
excellent visibility and accessibility.

Property Details

Class
C
Year Built
1978
Stories
2
Property Subtype
Hotel
Lot Size (sq. ft)
51,836 SF
Units
30

Highlights

  • .4+- acres directly west of the hotel, that is used for overflow parking, included on the same parcel
  • Asking price is slightly higher than the assessed value
  • Great opportunity to improve operating processes and cash flow with a Wyndham Brand
  • Strategic location with access directly to Hwy 71

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