805 21st St | Austin, MN 55912
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805 21st St
Austin, MN 55912
Rodeway Inn & Suites Austin · Hospitality Property For Sale
·
14,804 SF
INVESTMENT HIGHLIGHTS
- 39 units, one-story, exterior corridor
- Offered at 3.51x multiplier of the T12 revenue
- 2 hours North of Des Moines and 1 hour West of Rochester on I-90
- 2024 room revenue: $285,913; June 2025 T12 revenue: $284,821
- Priced to sell at $25,641/key
- Ideal for an owner-operator, Eligible for USDA financing
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 1 |
| Property Subtype | Hotel | Year Built/Renovated | 1995/2009 |
| Building Class | C | Parking Ratio | 3.38/1,000 SF |
| Lot Size | 1.83 AC | Corridor | Exterior |
| Building Size | 14,804 SF | ||
| Zoning | C | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.83 AC |
| Building Size | 14,804 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1995/2009 |
| Parking Ratio | 3.38/1,000 SF |
| Corridor | Exterior |
| Zoning | C |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
- Multi-Room Suites
PROPERTY TAXES
| Parcel Number | 34-190-4190 | Improvements Assessment | $484,000 |
| Land Assessment | $171,800 | Total Assessment | $655,800 |
PROPERTY TAXES
Parcel Number
34-190-4190
Land Assessment
$171,800
Improvements Assessment
$484,000
Total Assessment
$655,800
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