Interior Corridor Hotel with 77
208 W 4th St N Newton, IA 50208
208 W 4th St N, Newton, IA, 50208
Contact for pricing
For Sale
Contact for pricing
Pending
Three-story, 77-room interior corridor Best Western hotel built in 1996 near I-80 and US-6.
Lot Size2.23 Acres
Days on Market103
Property Features for 208 W 4th St N
General Information
- Standard status
- Pending
- Lot size
- 2.23 Acres
- Property subtype
- Hospitality
Listing agency
JDS Real Estate Services, Inc.
(213) 446-5366
Listed by
Jennifer Stein · License #1001185
Source
Crexi
Added: Apr 11 Updated: Jul 22 at 7:57AM Checked: Jul 22 at 7:57AM
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
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FAQs
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
