Log In/Sign Up
Your email has been sent.
Comfort Inn Story City 425 Timberland Dr 59 Room Hotel Story City, IA 50248 $3,150,000 ($53,390/Room)
EXECUTIVE SUMMARY
**Flexible seller financing available** Well maintained Comfort Inn right off of I35 approximately 30 minutes north of the Des Moines Metro. 59 rooms, breakfast room, indoor pool and fitness center. The Hotel has been exceptionally maintained and is being operated by a full staff as the owner is absentee. Numerous upgrades completed in the past year including a new roof and windows. Choice Hotels has issued a formal change of ownership PIP which is minimal. Room revenues have been stable between 1MM and 1.15MM for the past 3 years. Pre covid revenues were higher and the hotel has not yet fully recovered and could be increased with more hands on revenue management.
DATA ROOM Click Here to Access
- Operating and Financials
- Miscellaneous
PROPERTY FACTS
| Price | $3,150,000 | Building Size | 32,896 SF |
| Price Per Room | $53,390 | No. Rooms | 59 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 2003/2019 |
| Property Subtype | Hotel | Parking Ratio | 1.95/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 2.84 AC | ||
| Zoning | C | ||
| Price | $3,150,000 |
| Price Per Room | $53,390 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.84 AC |
| Building Size | 32,896 SF |
| No. Rooms | 59 |
| No. Stories | 3 |
| Year Built/Renovated | 2003/2019 |
| Parking Ratio | 1.95/1,000 SF |
| Corridor | Interior |
| Zoning | C |
AMENITIES
- Business Center
- Fitness Center
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 59 | $162.00 | - |
1 1
PROPERTY TAXES
| Parcel Number | 02-07-301-350 | Improvements Assessment | $3,224,000 |
| Land Assessment | $296,500 | Total Assessment | $3,520,500 |
PROPERTY TAXES
Parcel Number
02-07-301-350
Land Assessment
$296,500
Improvements Assessment
$3,224,000
Total Assessment
$3,520,500
1 of 7
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Comfort Inn Story City | 425 Timberland Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.