2211 Highway 6 Trl
Marengo, IA 52301
Sudbury Court Motel · Hospitality Property For Sale
·
11,938 SF
Property Facts
Amenities
- High Speed Internet Access
- Public Access Wifi
About 2211 HIGHWAY 6 TRL , MARENGO, IA 52301
Sudbury Court & RV Park motel is a unique well maintained 20 modern rooms in two wings with metal roof and stone block exterior near the Amana Colonies, Iowa one of the largest tourist attraction, with 18 full hookups RV Park powered by 20, 30 & 50 Amps with water & sewer lines with camping area. This motel has consistence high room revenues with good ADR, RevPar and Cap rate. Modern living house with office for owner to live comfortably was built in 2001 having four spacious bedrooms, large modern kitchen, dining area, living room and two baths and two car attached garage. Large private back yard for children to play and or socialized the friends and families. This motel has proven record of high cash flow and potential to increase for an aggressive new owner. It is an ideal opportunity for a first time investor with a modern living house with four bedrooms and two full baths Sudbury court Motel and RV park price at $379,000, 3.32 times room revenue multiplier. Current bank is willing to finance to a qualified buyer
Property Taxes
| Parcel Number | 1530-0303-9 | Improvements Assessment | $265,850 |
| Land Assessment | $79,900 | Total Assessment | $345,750 |
Property Taxes
