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57-Room Baymont Hotel
New
For Sale
$3,600,000

720 33rd Ave SW, Cedar Rapids, IA 52404

Recently renovated lodging property operating under the Baymont by Wyndham brand in Cedar Rapids, Iowa.

Property Size23,838 SF
Days on Market4

Property Features for 720 33rd Ave SW

General Information

Standard status Active
Size 23,838 SF
Property subtype Hotel-Motel

Amenities

Recently Renovated 57-Room Hotel - Recently completed renovations provide an updated guest experience while minimizing near-term capital expenditure requirements.
Established National Franchise - Baymont by Wyndham affiliation provides national brand recognition, centralized reservations, marketing, and access to Wyndham Rewards.
Diversified Cedar Rapids Demand Base - Benefits from demand generated by the city's substantial aerospace, manufacturing, healthcare, corporate, and logistics sectors.
Turnkey Acquisition Opportunity - Recently renovated physical product combined with a manageable 57-room footprint creates an efficient platform for an owner-operator or investor.

Building Details

Building Size 23,838 SF
Year Built 1995
Listed By: Jon Ruzicka · License #License(s): MN: 40583288, IA: B63379000, ND: 10032, WI: 76173-94, SD: 17724
Source: Marcusmillichap
Added: Oct 7 Last Checked: Oct 9 at 4:11PM

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 Jon Ruzicka

Investment Insights

Based on property information with market context.

The hotel contains 57 guest rooms and operates as a Baymont by Wyndham franchise. Built in 1995, the property has undergone a recent renovation, updating the existing lodging asset while retaining its established brand affiliation.

Located at 720 33rd Ave SW in Cedar Rapids, Iowa, the hotel is in a market with employers across aerospace, manufacturing, food processing, logistics, healthcare, education, and corporate sectors. Named companies in the area include Collins Aerospace, CRST, Transamerica, ADM, Cargill, General Mills, Quaker Oats, Whirlpool, BAE Systems, and International Paper. The property offers a branded hotel operation with a 57-room configuration.

Key Highlights

  • 57 guest rooms
  • Recently renovated hotel
  • Operating under the Baymont by Wyndham brand

Property Analytics

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Current Use

Baymont by Wyndham ... Hotel & Motel

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Garden Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

455
Businesses Nearby

Demographics for 52404, IA

43,385
Population
19,923
Households
2.2
Avg Household Size
35
Median Age
22%
College-Educated
94%
High-School Grad
56.6 sq mi
ZIP Area
767
Density / Sq Mi
$62,304
Median Household Income
$38,865
Median Earnings
$885
Median Rent
$159,700
Median Home Value
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Frequently Asked Questions

What type of property is this?
Hotel - Recently renovated lodging property operating under the Baymont by Wyndham brand in Cedar Rapids, Iowa.
Where is this hotel located?
The property is located at 720 33rd Ave SW Cedar Rapids, IA.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: 57 guest rooms; Recently renovated hotel; Operating under the Baymont by Wyndham brand
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