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1320 W Madison St
Washington, IA 52353
Hawkeye Motel · Hospitality Property For Sale
·
12,988 SF
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 1 |
| Property Subtype | Hotel | Year Built | 1959 |
| Building Class | C | Parking Ratio | 3.65/1,000 SF |
| Lot Size | 2.26 AC | Corridor | Exterior |
| Building Size | 12,988 SF | ||
| Zoning | Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.26 AC |
| Building Size | 12,988 SF |
| No. Stories | 1 |
| Year Built | 1959 |
| Parking Ratio | 3.65/1,000 SF |
| Corridor | Exterior |
| Zoning | Commercial |
AMENITIES
- High Speed Internet Access
- Patio
- Public Access Wifi
ABOUT 1320 W MADISON ST , WASHINGTON, IA 52353
Beautiful well maintained twenty one rooms Hawkeye Motel located in town of Washington, IA on West Madison St. Highway 92 & 1. Current owner has been owning for last six years and very motivated to sale. Exterior of building is well maintained. Recently all new beddings, flat screen TV, phone System, Security camera, washer & drier, guest laundry, carpet and fresh room paint has been added to this motel. Modern three bedroom manager apartment is recently been renovated with sun room and a kitchen with new stainless steel appliance. Room revenue is consistence for last several years and potential to increase for an aggressive new family operated owner. Hawkeye Motel is well priced at $540,000, 2.8 times the room revenue with attractive cash flow.
PROPERTY TAXES
| Parcel Number | 11-18-302-001 | Improvements Assessment | $397,600 |
| Land Assessment | $80,600 | Total Assessment | $478,200 |
PROPERTY TAXES
