Comfort Inn &
For Sale
Contact for pricing
Pending
410 5th St SW, Mason City, IA 50401
Recently renovated 60-key hotel in Mason City, Iowa.
Property Size26,658 SF
Lot Size1.06 Acres
Days on Market178
Property Features for 410 5th St SW
General Information
Standard status
Pending
Size
26,658 SF
Total Parking Spaces
62
Lot size
1.06 Acres
Property subtype
Hospitality
Occupancy
58%
Investment Type
Owner/User
Net Operating Income
$432,826
Building Details
Year Built
1990
Year Renovated
2024
Buildings
1
Stories
3
Listing Agency:
Real Estate Firm | P&E Advisors LLC
Listed By:
Jake Erickson · License #60668 - 90
Source:
Crexi
Added: Feb 23
Changed: Aug 19
Last Checked: Aug 19 at 5:28PM
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
Investment Insights
Based on property information with market context.
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.
Key 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.**
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,605
Businesses Nearby
Explore this area
Business Placement
Demographics for 50401, IA
28,981
Population
14,746
Households
2
Avg Household Size
43
Median Age
22%
College-Educated
94%
High-School Grad
148.2 sq mi
ZIP Area
196
Density / Sq Mi
$63,807
Median Household Income
$38,929
Median Earnings
$868
Median Rent
$134,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
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 $4,250,000.
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.**
