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2010 E Main St
Lamoni, IA 50140
Chief Motel · Hospitality Property For Sale
·
24,560 SF
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 1 |
| Property Subtype | Hotel | Year Built/Renovated | 1971/2013 |
| Building Class | C | Parking Ratio | 1.83/1,000 SF |
| Lot Size | 5.05 AC | Corridor | Exterior |
| Building Size | 24,560 SF | ||
| Zoning | Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 5.05 AC |
| Building Size | 24,560 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1971/2013 |
| Parking Ratio | 1.83/1,000 SF |
| Corridor | Exterior |
| Zoning | Commercial |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
ABOUT 2010 E MAIN ST , LAMONI, IA 50140
Beautiful thirty units well maintained Super 8 franchise motel with a nice living quarter. Great interstate location on heavily traveled I-35, in southern Iowa, at exit # 4, US Hwy 69 with traffic counts over 5000 per day. Property has recently been remodeled to meet all the franchise requirements of 2013 with new bedding, new Simmons mattresses, and new carpets in rooms as well as hallways. Exterior is refurbished with new stucco & paint. It is a home of Graceland private university. Super 8 provide free breakfast, HSIA and free local calls. All rooms are equipped with micro/fridges. It is an ideal motel for starter investor with good occupancy, high ADR and room revenue.
PROPERTY TAXES
| Parcel Number | 1406300013 | Improvements Assessment | $263,520 |
| Land Assessment | $25,862 | Total Assessment | $289,382 |
PROPERTY TAXES
