1825 Laporte Rd | Waterloo, IA 50702
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1825 Laporte Rd
Waterloo, IA 50702
Boarders Inn & Suites by Cobblestone Hotels · Hospitality Property For Sale
·
23,166 SF
INVESTMENT HIGHLIGHTS
- 2.08X RRM based on STR comp set proforma
- Property was purchased in 2022, with significant capital used to address deferred maintenance and CapEx; with intention to franchise new Buyer
- Hotel is currently owned and operated by corporate franchisor
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built | 1988 |
| Building Class | C | Parking Ratio | 3.11/1,000 SF |
| Lot Size | 1.09 AC | Corridor | Interior |
| Building Size | 23,166 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.09 AC |
| Building Size | 23,166 SF |
| No. Stories | 3 |
| Year Built | 1988 |
| Parking Ratio | 3.11/1,000 SF |
| Corridor | Interior |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | 8813-02-226-010 | Improvements Assessment | $818,900 |
| Land Assessment | $417,200 | Total Assessment | $1,236,100 |
PROPERTY TAXES
Parcel Number
8813-02-226-010
Land Assessment
$417,200
Improvements Assessment
$818,900
Total Assessment
$1,236,100
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