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3243 S Ridge Dr SW
Cedar Rapids, IA 52404
Red Roof Inn Cedar Rapids · Hospitality Property For Sale
·
90,169 SF
PROPERTY FACTS
| Property Type | Hospitality | Building Size | 90,169 SF |
| Property Subtype | Hotel | No. Stories | 3 |
| Building Class | B | Year Built/Renovated | 1990/2016 |
| Lot Size | 2.07 AC | Corridor | Exterior |
| Zoning | Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.07 AC |
| Building Size | 90,169 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1990/2016 |
| Corridor | Exterior |
| Zoning | Commercial |
AMENITIES
- Fitness Center
- Pool
ABOUT 3243 S RIDGE DR SW , CEDAR RAPIDS, IA 52404
PROPERTY DESCRIPTION: The Red Roof Inn Cedar Rapids is a 100-room, three-story, economy, exterior corridor hotel built in 1990. The property boasts many common area and guest room amenities. Common area amenities include an outdoor pool, fitness center, barbecue/picnic areas, free continental breakfast, and community-wide WiFi. The guest room amenities comprise of a microwave, refrigerator, work desk and a flat-screen television with cable channels. LOCATION OVERVIEW: Cedar Rapids, Iowa, the second largest city in Iowa based on population, is located in Linn County in the eastern region of the state. The Red Roof Inn Cedar Rapids is positioned on Southridge Drive just off I-380 and 33rd Avenue. The hotel is located near many popular revenue generators and the city’s major employers. Nearby revenue generators include Hawkeye Downs Speedway (1.2 miles), National Czech & Slovak Museum (2 miles), NewBo City Market (2.4 miles), Cedar Rapids Museum of Art (3 miles), U.S. Cellular Center (3.2 miles), Kirkwood Community College (3.8 miles), the Brucemore (4.6 miles), Eastern Iowa Airport (5.6 miles), Lindale Mall (7.4 miles), and Cornell College (14.9 miles). The city’s major employers in close proximity to the property are Mercy Medical Center (2.8 miles), St. Luke’s Hospital (3.6 miles), Rockwell Collins (7.5 miles), and Aegon USA (7.7 miles).
PROPERTY TAXES
| Parcel Number | 19042-26011-00000 | Improvements Assessment | $476,300 |
| Land Assessment | $512,500 | Total Assessment | $988,800 |
PROPERTY TAXES
