Comfort Inn &
410 5th St SW, Mason City, IA 50401
Recently renovated 60-key hotel in Mason City, Iowa.
Type:Hospitality
Property size:
26,658 SFLot size:
1.06 AcresPrice / SF:
$168/SF- Added:
- Feb 23, 2026
- Days on Market:
- 83
- Last Refresh:
- Mar 17 at 1:16 pm
Property Features for 410 5th St SW
General Information
- Standard status
- Active
- Size
- 26,658 SF
- Lot size
- 1.06 Acres
- Property subtype
- Hospitality
Building Details
- Year Built
- 1990
Listing agent Jake Erickson License #B66396000
Listing office Real Estate Firm | P&E Advisors LLC
Listing date Feb 23, 2026
Source Crexi
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 Real Estate Firm | P&E Advisors LLC
HighLights
- Strong in‑place cash flow with institutional underwriting metrics and measurable operational upside.
- Projected Year‑1 cap rate of approximately 10.5% and 21% cash‑on‑cash return under leveraged assumptions.
- Recently renovated in 2024, 60‑key, interior‑corridor upper‑midscale hotel.
- Located in a designated Opportunity Zone, offering potential long‑term tax planning advantages.
- Operates under the Comfort Inn flag by Choice Hotels International, providing access to national reservation systems and brand recognition.
- Located along a high‑visibility commercial corridor with traffic counts exceeding 18,000 vehicles per day, near downtown Mason City, healthcare providers, and corporate employers.
Overview
The Comfort Inn & Suites Mason City is a recently renovated, 60-key, interior-corridor upper-midscale hotel located in the Iowa Northeast submarket. Constructed in 1990 and renovated in 2024, the three-story, 26,658 SF asset sits on 1.06 acres along a high-visibility commercial corridor with traffic counts exceeding 18,000 vehicles per day. The property benefits from proximity to downtown Mason City, regional healthcare providers, corporate employers, and ongoing downtown redevelopment initiatives. The hotel operates under the Comfort Inn flag by Choice Hotels International, providing access to national reservation systems, brand recognition, and the Choice Privileges loyalty platform. The recent renovation and capital improvements position the asset for improved ADR penetration relative to the competitive set. Located within a designated Opportunity Zone, the asset offers potential long-term tax planning advantages for qualified investors. This opportunity is well suited for regional owner-operators seeking yield expansion, as well as private investors pursuing stabilized hospitality cash flow in a low-volatility market.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quality Inn & Suites
Hotel & Motel
Location Insight
- Map
- Local Demand
- City
- Mason City
- County
- Cerro Gordo
- State
- Iowa
- Longitude
- -93.207595
- Latitude
- 43.147682
Nearby Similar for Sale
FAQs
What type of property is this?
Hotel - Recently renovated 60-key hotel in Mason City, Iowa.
Where is this hotel located?
The property is located at 410 5th St SW Mason City, IA.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Strong in‑place cash flow with institutional underwriting metrics and measurable operational upside.; Projected Year‑1 cap rate of approximately 10.5% and 21% cash‑on‑cash return under leveraged assumptions.; **Recently renovated in 2024, 60‑key, interior‑corridor upper‑midscale hotel.**
