This Hospitality Property is no longer advertised on LoopNet.com.

3315 Southgate Ct SW
Cedar Rapids, IA 52404
 Ramada by Wyndham Cedar Rapids South · Hospitality Property For Sale · 50,560 SF

Hotels Iowa Cedar Rapids 3315 Southgate Ct SW, Cedar Rapids, IA 52404

INVESTMENT HIGHLIGHTS

  • Excellent location directly off I-380 within proximity to many of the area's primary demand generators, businesses, and attractions.
  • Operational upside potential with an improved hands-on revenue management strategy driving revenue growth with increased rates.
  • The brand benefits from its affiliation with Best Western Hotels & Resorts, one of the largest select-service hotel companies.
  • With over 4,200 locations worldwide, the brand has created customer loyalty through an extensive rewards program and consistent quality and service.
  • Unencumbered by a management agreement, providing the opportunity to revamp the operational strategy of the hotel.
  • The hotel is offered at a significant discount relative to replacement cost.

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 2.57 AC
Building Size 50,560 SF
No. Stories 2
Year Built/Renovated 1987/2025
Parking Ratio 2.47/1,000 SF
Corridor Interior
Zoning C - Commercial District

AMENITIES

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

LINKS

PROPERTY TAXES

Parcel Number 19042-51004-00000 Improvements Assessment $2,188,900
Land Assessment $571,300 Total Assessment $2,760,200
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  • Listing ID: 24115879

  • Date on Market: 9/17/2021

  • Last Updated:

  • Address: 3315 Southgate Ct SW, Cedar Rapids, IA 52404

More public record information on 3315 Southgate Ct SW, Cedar Rapids, IA 52404

The Hospitality Property at 3315 Southgate Ct SW, Cedar Rapids, IA 52404 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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