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This Hospitality Property is no longer advertised on LoopNet.ca.

24936 Mulberry Ln
Underwood, IA 51576

Underwood Motel · Hospitality Property For Sale · 7,752 SF

Investment Highlights

  • ?Excellent owner/operator opportunity
  • ?Demand generators include I-80 traffic, casinos, golf courses, Jack Links plant, convention centers, concert venues, Henry Doorly Zoo
  • ?Well below replacement cost
  • ?Convenient location off I-80 and within 10 miles to Council Bluffs and 20 miles to Omaha
  • ?Only hotel or motel within 13 miles
  • ?Motel/market experiencing fast recovery from pandemic

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.17 AC
Building Size 7,752 SF
No. Stories 1
Year Built 1973
Parking Ratio 3.1/1,000 SF
Corridor Exterior

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7642-21-100-007
Land Assessment
$120,691
Improvements Assessment
$394,807
Total Assessment
$515,498

zoning

Zoning Code M-2 (Commercial)
M-2 (Commercial)
  • Listing ID: 24777383

  • Date on Market: 2022-01-06

  • Last Updated:

  • Address: 24936 Mulberry Ln, Underwood, IA 51576

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