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801 West Elm Ave
Pocahontas, IA 50574
Budget Inn · Hospitality Property For Sale · 10,488 SF

Property Facts

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.38 AC
Construction Status Demolished
Building Size 10,488 SF
No. Stories 2
Year Built/Renovated 1955/2007
Parking Ratio 4.77/1,000 SF
Corridor Exterior
Zoning Commercial - Retail/Commercial

About 801 WEST ELM AVE , POCAHONTAS, IA 50574

The Budget Inn in Pocahontas Iowa is a 34 room exterior corridor motel built in 1955. This property has 3 buildings, 2 of which are small 1 story additions to the main 2 story building. The property includes a 3-bedroom apartment making it an ideal property for owner operators. Customer base includes construction companies, truck drivers, and out of state workers from surrounding states (IL, TX, NE, OH) many of which stay for an extended period of time. Improvements made to the property since it’s purchase in 2007 include new TV’s, Microwaves, refrigerators, bedding, and a new roof. ** All Cash Offers Only** No Financing Contingencies Seller is Extremely Motivated - Make an Offer! Price Reduction to $260,000. Broker of Record: Troy Fawcett License #: 0980377

  • Listing ID: 17596338

  • Date on Market: 10/31/2019

  • Last Updated:

  • Address: 801 West Elm Ave, Pocahontas, IA 50574

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