1200 Collins Rd | Cedar Rapids, IA 52402
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- LoopNet Team
1200 Collins Rd
Cedar Rapids, IA 52402
Radisson Hotel Cedar Rapids · Hospitality Property For Sale
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186,388 SF
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 | Building Size | 186,388 SF |
| Type of Ownership | Fee Simple | No. Stories | 7 |
| Property Type | Hospitality | Year Built/Renovated | 1988/2004 |
| Property Subtype | Hotel | Parking Ratio | 2.33/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 8.40 AC | Parcel Number | 14032-77003-00000 |
| Zoning | C - COMMERCIAL (3) | ||
| 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) |
| Parcel Number | 14032-77003-00000 |
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
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