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

2206 44th Ave Homestead, IA 52236-8545

10,361 SF 1.26 ac lot Built 1950
Entity Owned 13-yr Hold ~ Est. High Equity
Property ID
US25-0684396
Property summary
AI-generated overview

This exceptional commercial opportunity presents a fully operational, 15-suite bed and breakfast hotel in the heart of the Amana Colonies, Iowa. The 54,886 square foot, two-story building, constructed in 1856, sits on a 1.26-acre lot and is zoned R-1. Currently operating as a successful business, it offers a unique blend of historical charm and modern commercial potential. Each suite includes an en-suite bathroom, providing comfort and privacy for guests. The property boasts a proven track record of attracting visitors, offering a strong foundation for continued operation as a bed and breakfast, expansion, or transformation into a different venture. Located minutes from Iowa City and Cedar Rapids, this property benefits from the bustling tourist activity of the Amana Colonies. With a 12.40% cap rate and an asking price of $599,000, this is a compelling investment opportunity for entrepreneurs and investors seeking a turn-key business in a desirable location. The property's rich history and prime location within the Amana Colonies provide a unique opportunity to capitalize on the area's vibrant tourism and heritage. This is a rare chance to acquire a well-established business with significant untapped potential.

Property profile
Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1950
Total area 10,361 SF
Lot 1.26 ac (54,886 SF)
APN 0850-0614-0
UPID US25-0684396
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
Current use
Occupant on record · Public records
  • Zuber's Homestead Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
$739k
Blend (final) Blend
$530k
Owner & transaction history
B & B Prusuits INC · 13 yrs held
B & B Prusuits INC
since 2013
2 recorded transactions
2025
Price N/A
2013
$620,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $770,000 +26.0%
Retail stores $700,000 +14.6%
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