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GrandStay Hotel & Suites Rock Valley, IA 2679 Rock Ridge Rd 46 Room Hotel Rock Valley, IA 51247 $3,250,000 ($70,652/Room) 9% Cap Rate
Investment Highlights
- Three-story interior corridor design providing operational efficiency and guest security.
- 46 guest rooms complemented by onsite amenities including an indoor pool, fitness center, and meeting space.
- Generates steady income, supported by recent operating metrics and an average ADR above $120.
- Constructed in 2019, featuring modern finishes and well-maintained infrastructure.
- Location along a primary travel route with direct connectivity to retail, dining, and community services.
- Offered as a turnkey hotel investment with value stability in a growing regional market.
Executive Summary
The GrandStay Hotel in Rock Valley, Iowa, presents a robust opportunity for investors or owner-operators seeking an established hospitality asset. Built in 2019, this three-story property features 46 fully appointed rooms and offers guests modern comfort in a like-new environment. The property spans over 31,000 square feet on a 2.16-acre lot and includes ample on-site parking with 46 spaces.
Strategically located near US Highway 18, the hotel capitalizes on strong regional connectivity and accessibility to local amenities and dining hubs. Operational performance demonstrates a solid revenue base, supported by a 9% cap rate, an average daily rate (ADR) of $120.73, and three-year historical occupancy averaging 52.91%. This property benefits from minimal deferred maintenance, reliable financials, and contemporary design elements that meet evolving guest expectations.
Ideal for owner-occupiers or regional portfolio investors, this offering combines modern construction, favorable market positioning, and proven income potential at a competitive price point of $3,250,000.
Strategically located near US Highway 18, the hotel capitalizes on strong regional connectivity and accessibility to local amenities and dining hubs. Operational performance demonstrates a solid revenue base, supported by a 9% cap rate, an average daily rate (ADR) of $120.73, and three-year historical occupancy averaging 52.91%. This property benefits from minimal deferred maintenance, reliable financials, and contemporary design elements that meet evolving guest expectations.
Ideal for owner-occupiers or regional portfolio investors, this offering combines modern construction, favorable market positioning, and proven income potential at a competitive price point of $3,250,000.
Property Facts
| Price | $3,250,000 | Lot Size | 2.16 AC |
| Price Per Room | $70,652 | Building Size | 32,089 SF |
| Sale Type | Investment | No. Rooms | 46 |
| Cap Rate | 9% | No. Stories | 3 |
| Property Type | Hospitality | Year Built | 2019 |
| Property Subtype | Hotel | Parking Ratio | 1.75/1,000 SF |
| Building Class | B | Corridor | Interior |
| Zoning | MU | ||
| Price | $3,250,000 |
| Price Per Room | $70,652 |
| Sale Type | Investment |
| Cap Rate | 9% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.16 AC |
| Building Size | 32,089 SF |
| No. Rooms | 46 |
| No. Stories | 3 |
| Year Built | 2019 |
| Parking Ratio | 1.75/1,000 SF |
| Corridor | Interior |
| Zoning | MU |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 6 | $224.00 | - |
| Guest Room | 40 | $199.00 | - |
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 03-22-478-002 | Improvements Assessment | $2,873,380 |
| Land Assessment | $194,600 | Total Assessment | $3,067,980 |
Property Taxes
Parcel Number
03-22-478-002
Land Assessment
$194,600
Improvements Assessment
$2,873,380
Total Assessment
$3,067,980
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GrandStay Hotel & Suites Rock Valley, IA | 2679 Rock Ridge Rd
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