24936 Mulberry Ln | Underwood, IA 51576
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24936 Mulberry Ln
Underwood, IA 51576
Underwood Motel I80 · Hospitality Property For Sale
·
7,152 SF
INVESTMENT HIGHLIGHTS
- ?Excellent owner/operator opportunity
- ?Demand generators include I-80 traffic, casinos, golf courses, Jack Links plant, convention centers, concert venues, Henry Doorly Zoo
- ?Well below replacement cost
- ?Convenient location off I-80 and within 10 miles to Council Bluffs and 20 miles to Omaha
- ?Only hotel or motel within 13 miles
- ?Motel/market experiencing fast recovery from pandemic
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 1 |
| Property Subtype | Hotel | Year Built/Renovated | 1973/2008 |
| Building Class | C | Parking Ratio | 3.36/1,000 SF |
| Lot Size | 1.26 AC | Corridor | Exterior |
| Building Size | 7,152 SF | ||
| Zoning | C-1 - Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.26 AC |
| Building Size | 7,152 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1973/2008 |
| Parking Ratio | 3.36/1,000 SF |
| Corridor | Exterior |
| Zoning | C-1 - Commercial |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
- Fully-Equipped Kitchen
PROPERTY TAXES
| Parcel Number | 7642-21-100-007 | Improvements Assessment | $322,100 |
| Land Assessment | $97,500 | Total Assessment | $419,600 |
PROPERTY TAXES
Parcel Number
7642-21-100-007
Land Assessment
$97,500
Improvements Assessment
$322,100
Total Assessment
$419,600
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