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410 5th St SW
Mason City, IA 50401
Quality Inn & Suites Mason City · Hospitality Property For Sale · 26,658 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype
Hotel
  • Hospitality Hotel
Building Class B
Lot Size 1.10 AC
Building Size 26,658 SF
No. Stories 3
Year Built/Renovated 1990/2017
Corridor Interior
Zoning C-2 - Commercial

AMENITIES

  • Business Center
  • Pool
  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free

ABOUT 410 5TH ST SW , MASON CITY, IA 50401

Extensively renovated Quality Inn & Suites three story, 60 room hotel was originally built in 1990 as a Comfort Inn & Suites and was converted to Quality Inn & Suites in 2011. 2017 exterior renovations as well as guestroom updates resulting in a modern and contemporary look and feel. The extensive renovations led to substantial room closures which directly affected room revenue. A new owner will be the direct beneficiary of the increased revenue associated with 100% room availability and an updated property. The pool area is currently under renovation and will be completed for the new owner by mid-2018. Ongoing and continual renovations have led to a hotel that features many of today's desired amenities including: indoor pool, elevator, porte cochere, updated breakfast serving and seating area, etc. All guestrooms feature tiled bathrooms and granite vanities along with recent replacement of carpet and all FF&E. The hotel is conveniently located eight miles east of Interstate 35 on the north side of Highway 18. This property benefits from being in the middle of Mason City’s demand generators and is adjacent to Mercy Hospital (a regional hospital serving all of northern Iowa) and is only minutes away from the Surf Ballroom and the Iowa Fairgrounds. Mason City is the largest city in and county seat of Cerro Gordo County, Iowa. It boasts a population of approximately 27,000 residents. According to the Travel Iowa Economic Impact Report released in November, Cerro Gordo County realized an impact of $196.13 million in visitor spending and ranked #11 in the state for travel-related expenditures.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07-09-402-01-300
Land Assessment
$268,110
Improvements Assessment
$2,277,750
Total Assessment
$2,545,860
  • Listing ID: 12596832

  • Date on Market: 5/17/2018

  • Last Updated:

  • Address: 410 5th St SW, Mason City, IA 50401

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