Listed by NAI Sioux Falls
$3,250,000
GrandStay Hotel
Details
Property Type Hospitality
Sub Type Hotel, Full Service
Square Footage 31,182
Keys 46
Cap Rate 9.00%
Occupancy 52.91%
Price per SqFt $104
Year Built 2019
Stories 3
Acreage 2.160
Zoning Commercial
Parking Spaces 46 spaces
Parking per 1,000 SqFt 1.48
Investment Type Owner/User
2679 Rock Ridge Drive, Rock Valley, IA 51247
Investment highlights
- 3-Story Indoor Corridor
- 7-Year-Old Hotel in Like-New Condition
- Great Owner Occupant Hotel Investment
- 3 Year Average EBITDA - $261,000 - Owner Occupant
- Price Per Room: $70,652
- Cap Rate: 9%
- 46 Rooms
Listing Contacts
Listed by NAI Sioux Falls
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