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33456663
33456684

2210 W ST S, GRINNELL, IA 50112

DC
KS 00246962, NE 20220054 (+2)
Reco Real Estate Advisors
Listed by Reco Real Estate Advisors
$2,700,000
1 day on market
Updated 1 day ago

2210 WEST ST S GRINNELL IA 50112

Details
APN 3401500
Property Type Hospitality
Sub Type Hotel
Square Footage 15,056
Keys 57
Year Built 2006
Year Renovated 2023,2025
Stories 2
Lot Size (SqFt) 117,437

PIP Completed | I-80 hwy Location

Marketing description

Hospitality • 1 Unit • 11/22/2023

Investment highlights

Reco Real Estate Advisors is pleased to present the AmericInn by Wyndham Grinnell, a 57-key, two-story-two buildings limited-service midscale hotel positioned directly at Interstate I-80 Exit 182 in Grinnell, Iowa. The property occupies a 2.66-acre site with 34,627 square feet of improvements across two free-standing buildings, offering an indoor pool, hot tub, fitness center, complimentary hot breakfast, guest laundry, and ample paved surface parking. Recently completed PIP - 2023-2025.

The Grinnell submarket draws stable, non-discretionary lodging demand from three of central Iowa's most established institutional employers. Grinnell College, a private liberal arts institution founded in 1846, operates with approximately 1,700 students and 1,583 employees and consistently ranks among the top U.S. liberal arts colleges — generating year-round parent, alumni, athletic, and recruiting-season travel. Grinnell Mutual Reinsurance is headquartered in the community with approximately 769 employees serving 17 states. Brownells Inc., the world's leading source for firearms parts and accessories, has been headquartered in Grinnell since 1939 and serves commercial, law-enforcement, and military customers globally.

The subject property is one of a limited number of branded midscale hotels serving the I-80 corridor between Des Moines (55 miles west) and Iowa City (55 miles east), and is positioned for sustained occupancy and rate performance as demand drivers continue their normal seasonal patterns without new room dilution.

Listing Contacts

DC
KS 00246962, NE 20220054 (+2)
Reco Real Estate Advisors
Listed by Reco Real Estate Advisors

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