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208 W 4th St N
Newton, IA 50208
Best Western Holiday Manor · Hospitality Property For Sale · 97,139 SF

INVESTMENT HIGHLIGHTS

  • A 77-room Best Western in Newton, IA, located on I-80 30 miles east of Des Moines.
  • Demand generators include the NASCAR-owned Iowa Speedway, Knoxville Raceway, Adventureland Park, and many more.
  • Newton is the county seat of Jasper County, providing a steady amount of government business.
  • A superior hotel investment opportunity near downtown, including a high RevPAR in a strong hospitality market.
  • Rebranded and renovated to a Best Western in 2014 and is a 2018 TripAdvisor Certificate of Excellence Award Winner.

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.23 AC
Building Size 97,139 SF
No. Stories 3
Year Built/Renovated 1996/2016
Parking Ratio 0.71/1,000 SF
Corridor Interior
Zoning GC - General Commercial

AMENITIES

  • Business Center
  • Fitness Center
  • Pool
  • Restaurant
  • Meeting Event Space

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-34-108-012
Land Assessment
$194,690
Improvements Assessment
$1,781,340
Total Assessment
$1,976,030
  • Listing ID: 26673389

  • Date on Market: 9/20/2022

  • Last Updated:

  • Address: 208 W 4th St N, Newton, IA 50208

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