2206 44th Ave Homestead, IA 52236-8545
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.
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Zuber's Homestead Hotel Hotel & Motel
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.