Property profile

2315 Adventureland Dr Altoona, IA 50009

OFF-MARKET
Hotels
Property ID
US25-2353580
29,712 SF 1.58 ac lot Built 2017
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 2017
Construction FRAME
Total area 29,712 SF
Lot 1.58 ac (68,607 SF)
APN 171/00122-560-002
UPID US25-2353580

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel

Location

2315 Adventureland Dr Altoona, IA 50009-2250
Altoona metro Census 10707 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.15M
Blend (final) Blend
$1.81M

Owner & transaction history

since 2017
2 recorded transactions
2017
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Neighborhood: shopping center $2.9M +35.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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