3315 Southgate Ct SW | Cedar Rapids, IA 52404
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- LoopNet Team
3315 Southgate Ct SW
Cedar Rapids, IA 52404
Ramada by Wyndham Cedar Rapids South · Hospitality Property For Sale
·
50,560 SF
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 | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1987/2025 |
| Building Class | C | Parking Ratio | 2.47/1,000 SF |
| Lot Size | 2.57 AC | Corridor | Interior |
| Building Size | 50,560 SF | ||
| Zoning | C - Commercial District | ||
| 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
PROPERTY TAXES
| Parcel Number | 19042-51004-00000 | Improvements Assessment | $2,508,100 |
| Land Assessment | $571,300 | Total Assessment | $3,079,400 |
PROPERTY TAXES
Parcel Number
19042-51004-00000
Land Assessment
$571,300
Improvements Assessment
$2,508,100
Total Assessment
$3,079,400
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