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Executive Summary

Short sale by the owner due to health issue and living in different state.

Property Facts

Price $900,000
Price Per Room $33,333
Sale Type Investment
Cap Rate 15.56%
Sale Conditions
Business Value Included
  • Short Sale
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.76 AC
Building Size 12,880 SF
No. Rooms 27
No. Stories 2
Year Built 1986
Parking Ratio 2.33/1,000 SF
Corridor Interior
Zoning Commercial

Amenities

  • Business Center
  • Meeting Event Space

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 3 $58.00 -
Guest Room 24 $52.00 -
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100

Property Taxes

Property Taxes

Parcel Number
03-19-429-003
Land Assessment
$96,400
Improvements Assessment
$386,170
Total Assessment
$482,570
  • Listing ID: 40056139

  • Date on Market: 4/7/2026

  • Last Updated:

  • Address: 265 Colonels Dr, Columbus Junction, IA 52738

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