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- LoopNet Team
616 33rd Ave SW
Cedar Rapids, IA 52404
Motel 6 Cedar Rapids - Airport · Hospitality Property For Sale
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31,824 SF
INVESTMENT HIGHLIGHTS
- -Airport Location
- -Upside for Revenue Growth
- -Flexibility to Retain or Remove Franchise Flag at Close of Escrow
PROPERTY FACTS
| Property Type | Hospitality | Building Size | 31,824 SF |
| Property Subtype | Hotel | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1987/2009 |
| Lot Size | 1.67 AC | Corridor | Interior |
| Zoning | C-3 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.67 AC |
| Building Size | 31,824 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1987/2009 |
| Corridor | Interior |
| Zoning | C-3 |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
ABOUT 616 33RD AVE SW , CEDAR RAPIDS, IA 52404
The Motel 6 is located in Cedar Rapids, IA on 616 33rd Ave SW. It is a 2-story, interior corridor property with 100 guest rooms. The property is partially renovated and has a fitness room, coffee break area and spacious parking for large vehicles. The property is also located right by the Eastern Iowa Airport and immediately off of Hwy 380. Cedar Rapids is the 2nd largest city in Iowa and lies right by the Cedar River. It is home to the Cedar Rapids Museum of Art, Paramount Theatre, and is the economic hub of the state of Iowa. Cedar Rapids is one of the largest cities in the world for corn processing and is home to the Fortune 500 company Rockwell Collins and trucking company CRST. There is also a large Quaker Oats mill and other major company facilities include, General Mills, Toyota Financial Services, and Nordstrom. Other key establishments are Coe College, Mount Mercy University, and the University of Iowa evening MBA facility.
PROPERTY TAXES
| Parcel Number | 19051-76011-00000 | Improvements Assessment | $1,434,800 |
| Land Assessment | $387,800 | Total Assessment | $1,822,600 |
PROPERTY TAXES
