This Hospitality Property is no longer advertised on LoopNet.com.

1200 Collins Rd
Cedar Rapids, IA 52402
 Radisson Hotel Cedar Rapids · Hospitality Property For Sale · 186,388 SF

Hotels Iowa Cedar Rapids 1200 Collins Rd, Cedar Rapids, IA 52402

INVESTMENT HIGHLIGHTS

  • The only full-service Marriott hotel in the market and one of only three Marriott-affiliated hotels in all of Cedar Rapids.
  • Business transient and group business starting to return.
  • Value-Add Projects Include: Renovation, room type conversion, developing or selling an existing ~1-acre land parcel, and more.
  • Located adjacent to Cedar Rapid’s largest employer, Collins Aerospace, which generates a consistent flow of demand.
  • Offered unencumbered of brand and management with a fee-simple title. Both Marriott and IHG brands are available.

PROPERTY FACTS

Sale Condition Auction Sale
Type of Ownership Fee Simple
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 8.40 AC
Building Size 186,388 SF
No. Stories 7
Year Built/Renovated 1988/2004
Parking Ratio 2.33/1,000 SF
Corridor Interior
Zoning C - COMMERCIAL (3)

AMENITIES

  • Business Center
  • Fitness Center
  • Pool
  • Restaurant
  • Shuttle Service
  • High Speed Internet Access
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub
  • Digital key

PROPERTY TAXES

Parcel Number 14032-77003-00000 Improvements Assessment $9,071,100
Land Assessment $1,476,000 Total Assessment $10,547,100
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  • Listing ID: 27935729

  • Date on Market: 3/9/2023

  • Last Updated:

  • Address: 1200 Collins Rd, Cedar Rapids, IA 52402

The Hospitality Property at 1200 Collins Rd, Cedar Rapids, IA 52402 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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