Financial
Distress signals
Property profile

90 Twixt Town Rd NE Cedar Rapids, IA 52402

FOR SALE
Hotels
Property ID
US25-2303295
25,938 SF 4.6 ac lot Built 1978
Last sale May 2018 · $116,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a hotel complex totaling approximately 45,000 square feet, built in 1969, featuring 106 guest rooms and six two-bedroom apartment suites. Supporting amenities include a restaurant, a conference and banquet center with additional meeting rooms, a health club with fitness equipment, an indoor pool, and an on-site maintenance shop. The improvements cover about 4.6 acres at 90 Twixt Town Road NE in Cedar Rapids, Iowa, and the property is identified with commercial zoning, with

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$175k
Tax billed · 2022
Assessed value · 2023$4.12M
Assessed land$819k
Assessed improvement$3.30M
Effective rate4.24%

Value estimate

· Sep 2026
$725k
$653k – $798k
AI approach$685k
CAP approach$770k
NOI build-up
Gross scheduled income$659k
Vacancy & credit loss−$51k
Operating expenses−$152k
NOI · 5.77% cap applied$456k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
5.77%
$456k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLINN

Location intelligence

Which uses thrive at this corner?
Best fit: Plumbing Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Plumbing Service9.4
Locksmith8.9
Convenience Store8.8

Location

90 Twixt Town Rd NE Cedar Rapids, IA 52402
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1130 Park NE, Cedar Rapids, IA 52402-4882 $6,150,000 Nov 2025 63,380 SF
1140 Park NE, Cedar Rapids, IA 52402-4882 $6,350,000 Nov 2025 77,543 SF
4747 1st SE, Cedar Rapids, IA 52402-3211 $1,920,000 Mar 2024 25,181 SF
2025 Werner NE, Cedar Rapids, IA 52402-2464 $3,050,000 Nov 2023 32,928 SF
1200 Collins NE, Cedar Rapids, IA 52402-2008 $8,180,000 Jul 2023 186,388 SF
1230 Collins NE, Cedar Rapids, IA 52402-2008 $7,100,000 Dec 2018 41,120 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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