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24936 Mulberry Ln Underwood, IA 51576

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For Sale
$550,000

21-unit motel with manager's apartment near I-80.

Property size:
7,752 SF

Property Features for 24936 Mulberry Ln

General Information

Standard status
Active
Size
7,752 SF

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Listing Contact
Talia Swanson
Talia Swanson
Source: Cbre

Listing Agency: CBRE | Omaha Listing Agent: Talia Swanson

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Underwood Motel Near I-80

The Underwood Motel on Mulberry is a 21-unit motel in Underwood, Iowa, presenting an opportunity for acquisition. The property features a one-story building, accompanied by a two-story manager apartment and office, situated adjacent to Interstate 80. Constructed in 1973, the single-story linear motel includes a two-story manager apartment and office. The property is located west of I-80, near Exit 17 and next to the Underwood I-80 Truck Stop. It is one of only two motels or hotels within a 13-mile radius and is within walking distance of the Jack Links Beef Jerky Plant and the town of Underwood. Each of the 21 rooms is equipped with refrigerators, microwaves, complimentary Wi-Fi, and cable TV. An on-premise laundry facility is available. The location is convenient, being within 10 miles of Council Bluffs and the Omaha, Nebraska metropolitan area. Demand generators include I-80 traffic, casinos, golf courses, the Jack Links plant, convention centers, concert venues, and the Henry Doorly Zoo. Recent capital improvements and renovations have been completed. The building size is 7,752 square feet and the land area is 1.26 acres.
Location Intelligence

Current Use by Public Records

Motels

Suggested Use

Restaurant Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Auto Parts Store Grocery & Convenience Store Bar & Pub

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Underwood Motel I80

Location Insight

  • Map
  • Local Demand
City
Underwood
County
Pottawattamie
State
Iowa
Longitude
-95.6799473
Latitude
41.3751562

FAQs

What type of property is this?
Motel - 21-unit motel with manager's apartment near I-80.
Where is this motel located?
The property is located at 24936 Mulberry Ln Underwood, IA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: - Adjacent to Exit 17 off I-80, providing convenient access for travelers.; - Only one of two motels/hotels within a 13-mile radius, reducing competition.; - Includes a two-story manager's apartment and leasing office.
More about this property
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