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945 Highway 69 S
Forest City, IA 50436
The Lodge Resort Hotel · Hospitality Property For Sale
·
7,940 SF
Investment Highlights
- Beautiful Wooded Setting Along the Winnebago River
- Proximity to the local college, Winnebago Rally Grounds, and Winnebago Manufacturing
- All Rooms are Suites
Property Facts
| Property Type | Hospitality | Building Size | 7,940 SF |
| Property Subtype | Hotel | No. Stories | 1 |
| Building Class | C | Year Built | 1968 |
| Lot Size | 15.12 AC | Parking Ratio | 2.14/1,000 SF |
| Construction Status | Converted | Corridor | Interior |
| Zoning | Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 15.12 AC |
| Construction Status | Converted |
| Building Size | 7,940 SF |
| No. Stories | 1 |
| Year Built | 1968 |
| Parking Ratio | 2.14/1,000 SF |
| Corridor | Interior |
| Zoning | Commercial |
Amenities
- Balcony
- High Speed Internet Access
- Patio
- Public Access Wifi
About 945 HIGHWAY 69 S , FOREST CITY, IA 50436
Amazing business opportunity in Forest City, Iowa. This hotel features 18 guest rooms between the main lodge and adjacent guest lodge. Set on 15+ acres overlooking the Winnebago River and Bear Creek Golf Course. This is an idyllic setting for weddings, business events, family gatherings, or that romantic weekend away. Adjacent to the property sits the Winnebago Rally Grounds, offering many revenue opportunities for parking and room rental throughout the summer months. Winter months, guests can experience the snow shoeing and cross-country skiing trials along the Winnebago River. The property consists of 3 buildings, the main lodge, a detached guest lodge, and a maintenance building. Property is being marketed As-Is. 64%+ occupancy rate on par with industry average and room for growth. Motivated Seller.
Property Taxes
| Parcel Number | 2850020255 | Improvements Assessment | $465,430 |
| Land Assessment | $92,800 | Total Assessment | $558,230 |
Property Taxes
