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Property profile & analytics
OFF-MARKET Estimated value $530,000
Hotels

1220 Marion St Manchester, IA 52057-2314

23,130 SF 1.58 ac lot Built 2000
Entity Owned Free & Clear
Property ID
US25-0524109
Property summary
AI-generated overview

This exceptional investment opportunity presents a 43-room, two-story hotel ideally situated at 1220 W Marion Street in Manchester, Iowa. Boasting a prime location adjacent to a Walmart, this property benefits from significant foot traffic and high visibility due to its proximity to an interstate highway. The hotel features an attractive array of amenities including an indoor pool and a dedicated breakfast area, enhancing guest experience and potential revenue streams. The substantial 11,574 square foot building sits on a half-acre lot, providing ample parking for guests and staff. The large parking area is a key advantage, accommodating a high volume of vehicles. While the current hotel name is not included in the sale, this presents a unique opportunity for rebranding and maximizing market potential. The asking price for this established hotel is $1,300,000. This property is well-suited for investors seeking a strong return on investment in a thriving commercial area. The existing infrastructure and amenities provide a solid foundation for continued success, with potential for further development and improvement. This is a rare chance to acquire a well-established hotel in a high-traffic location with significant growth potential. Serious inquiries are encouraged.

Property profile
Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 2000
Construction FRAME
Total area 23,130 SF
Lot 1.58 ac (68,824 SF)
APN 631312000640
UPID US25-0524109
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$530k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$530k
Owner & transaction history
BRIGGS HIGHWAY ADVISORS IA LLC
BRIGGS HIGHWAY ADVISORS IA LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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