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ABVI 203 SE 7th St 61 Room Hotel Stuart, IA 50250 $2,150,000 ($35,246/Room)
Investment Highlights
- Strategically located on I 80 capturing strong transient demand and located approximately 30 minutes from Des Moines
- Recently converted in February 2026 to an ABVI by Sonesta from Motel 6
- Currently owned by the original developer and first time offered for sale
- Current ownership completed improvements leaving minimal expected change of ownership PIP
Executive Summary
Timm and Associates, Inc. has been exclusively retained to represent the ownership in the sale of the ABVI of Stuart, IA. The hotel is a 61 room, 2 story hotel ideally positioned along the I 80 corridor with convenient access to the Des Moines metropolitan area. Owned by the original developer since construction and recently converted to an ABVI, this offering presents a rare opportunity to acquire a well maintained asset that has not previously been available on the open market. With recent improvements completed and the property operating unencumbered by third party management, the hotel provides investors with a stable operating foundation and revenue growth potential through more hands on ownership in a strong interstate location.
Property Facts
| Price | $2,150,000 | Building Size | 30,500 SF |
| Price Per Room | $35,246 | No. Rooms | 61 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1995/2019 |
| Property Subtype | Hotel | Parking Ratio | 1.15/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 1.74 AC | ||
| Zoning | C | ||
| Price | $2,150,000 |
| Price Per Room | $35,246 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.74 AC |
| Building Size | 30,500 SF |
| No. Rooms | 61 |
| No. Stories | 2 |
| Year Built/Renovated | 1995/2019 |
| Parking Ratio | 1.15/1,000 SF |
| Corridor | Interior |
| Zoning | C |
Amenities
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 12 | $90.00 | - |
| Guest Room | 49 | $80.00 | - |
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Property Taxes
| Parcel Number | 04-04-300-012 | Improvements Assessment | $2,132,440 |
| Land Assessment | $174,000 | Total Assessment | $2,306,440 |
Property Taxes
Parcel Number
04-04-300-012
Land Assessment
$174,000
Improvements Assessment
$2,132,440
Total Assessment
$2,306,440
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ABVI | 203 SE 7th St
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