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1503 W Sheridan Ave
Shenandoah, IA 51601
Tall Corn Inn · Hospitality Property For Sale
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47 Rooms
Property Facts
| Property Type | Hospitality | No. Rooms | 47 |
| Property Subtype | No. Stories | 2 | |
| Building Class | C | Year Built/Renovated | 1950/2014 |
| Lot Size | 1.44 AC | Corridor | Exterior |
| Building Size | 12,687 SF | ||
| Zoning | Commercial | ||
| Property Type | Hospitality |
| Property Subtype | |
| Building Class | C |
| Lot Size | 1.44 AC |
| Building Size | 12,687 SF |
| No. Rooms | 47 |
| No. Stories | 2 |
| Year Built/Renovated | 1950/2014 |
| Corridor | Exterior |
| Zoning | Commercial |
Amenities
- Restaurant
- Meeting Event Space
About 1503 W SHERIDAN AVE , SHENANDOAH, IA 51601
Price Reduction from $800,000 to $770,00 !!!!!! GREAT DEAL !!!!!! Great opportunity for a new hotel-motel investor with good cash flow. This 47 room is outdoor corridor with excellent two living quarters, one with one bedroom and another one with two bedroom. Both living quarters are equipped with modern kitchen and living room. It is very well maintained property, located on the busy US Hwy 59 in Shenandoah, IA. Asking price $800,000 REDUCED TO $770,000 2.7 times room revenue. Consistent room revenue for last three years and potential to boost even more for an aggressive owner.
Property Taxes
| Parcel Number | 0-400400-27000000 | Improvements Assessment | $313,570 |
| Land Assessment | $61,000 | Total Assessment | $374,570 |
Property Taxes
Parcel Number
0-400400-27000000
Land Assessment
$61,000
Improvements Assessment
$313,570
Total Assessment
$374,570
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