2507 SE 16th St | Ames, IA 50010
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- LoopNet Team
2507 SE 16th St
Ames, IA 50010
AmericInn Ames · Hospitality Property For Sale
·
33,087 SF
INVESTMENT HIGHLIGHTS
- Excellent location in a recession-proof college market less than four miles from Iowa State University.
- Located in a high-demand special events and sports market and proximate to corporate demand generators.
- In-place revenues with operational upside and significant discount to replacement cost.
- The hotel was recently renovated with approximately $241,000 in capital improvements since December 2018.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1998/2018 |
| Building Class | C | Parking Ratio | 2.09/1,000 SF |
| Lot Size | 1.38 AC | Corridor | Interior |
| Building Size | 33,087 SF | ||
| Zoning | HOC | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.38 AC |
| Building Size | 33,087 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1998/2018 |
| Parking Ratio | 2.09/1,000 SF |
| Corridor | Interior |
| Zoning | HOC |
AMENITIES
- Business Center
- Pool
- Meeting Event Space
PROPERTY TAXES
| Parcel Number | 10-07-350-065 | Improvements Assessment | $1,802,600 |
| Land Assessment | $360,000 | Total Assessment | $2,162,600 |
PROPERTY TAXES
Parcel Number
10-07-350-065
Land Assessment
$360,000
Improvements Assessment
$1,802,600
Total Assessment
$2,162,600
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