Interior Corridor Hotel with 77
For Sale
Contact for pricing
Pending
208 W 4th St N, Newton, IA 50208
Three-story, 77-room interior corridor Best Western hotel built in 1996 near I-80 and US-6.
Lot Size2.23 Acres
Days on Market111
Property Features for 208 W 4th St N
General Information
Standard status
Pending
Lot size
2.23 Acres
Property subtype
Hospitality
Additional Details
Highway Access
Yes
Building Details
Year Built
1996
Year Renovated
2014
Stories
3
Listing Agency:
JDS Real Estate Services, Inc.
(213) 446-5366
Listed By:
Jennifer Stein · License #1001185
Source:
Crexi
Added: Apr 11
Changed: Jul 22
Last Checked: Jul 30 at 4:19PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JDS Real Estate Services, Inc.
Investment Insights
Based on property information with market context.
The Best Western Holiday Manor is a three-story, 77-room interior corridor hotel built in 1996. The property was re-branded and renovated to Best Western in 2014 and has been maintained through an ongoing capital improvement plan, supporting an overall “in excellent condition” profile. The estimated purchase-period improvement plan (PIP) budget is $100,000+/-; actual scope and requirements would need to be confirmed by the buyer.
The hotel is positioned near the intersection of US-6 and I-80, and is described as being in close proximity to major demand generators, including the Iowa Speedway and Downtown Newton. It is also noted to be approximately 35 miles from Des Moines and about 40 miles from the Des Moines International Airport.
This offering is presented as a recently renovated, cash-flowing hotel asset with operational underperformance relative to the comp set in ADR, with room for improvement under new ownership.
The hotel is positioned near the intersection of US-6 and I-80, and is described as being in close proximity to major demand generators, including the Iowa Speedway and Downtown Newton. It is also noted to be approximately 35 miles from Des Moines and about 40 miles from the Des Moines International Airport.
This offering is presented as a recently renovated, cash-flowing hotel asset with operational underperformance relative to the comp set in ADR, with room for improvement under new ownership.
Key Highlights
- 3‑story, 77‑room interior corridor Best Western hotel built in 1996
- Re‑branded and renovated to Best Western in 2014; ongoing capital improvement plan
- Located near the intersection of US‑6 and I‑80, with proximity to I‑80 traveler demand
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
819
Businesses Nearby
Explore this area
Business Placement
Demographics for 50208, IA
20,918
Population
8,919
Households
2.3
Avg Household Size
42
Median Age
17%
College-Educated
91%
High-School Grad
158.5 sq mi
ZIP Area
132
Density / Sq Mi
$61,064
Median Household Income
$37,490
Median Earnings
$830
Median Rent
$161,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Three-story, 77-room interior corridor Best Western hotel built in 1996 near I-80 and US-6.
Where is this hotel located?
The property is located at 208 W 4th St N Newton, IA.
What are key features of this property?
This property features: 3‑story, 77‑room interior corridor Best Western hotel built in 1996; Re‑branded and renovated to Best Western in 2014; ongoing capital improvement plan; Located near the intersection of US‑6 and I‑80, with proximity to I‑80 traveler demand
