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Super 8 Williams 3086 220th St

33 Room Hotel Williams, IA 50271 $1,191,589 CAD ($36,109 CAD/Room) 12.12% Cap Rate

EXECUTIVE SUMMARY

Seller financing available to qualified buyer for an amazing opportunity!

FINANCIAL SUMMARY (ACTUAL - 2022) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2022) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual -
Annual Per SF -

PROPERTY FACTS

Price $1,191,589 CAD
Price Per Room $36,109 CAD
Sale Type Investment
Cap Rate 12.12%
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 5.74 AC
Building Size 16,107 SF
No. Rooms 33
No. Stories 1
Year Built/Renovated 1977/2016
Parking Ratio 3.1/1,000 SF
Corridor Interior

AMENITIES

  • Business Center
  • On-Site Bar

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Guest Room 33 $99.66 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
40-88-23-06-200003
Land Assessment
$217,843 CAD (2024)
Improvements Assessment
$739,986 CAD (2024)
Total Assessment
$957,829 CAD (2024)

ZONING

Zoning Code BA2 (Hotel)
BA2 (Hotel)
  • Listing ID: 28927246

  • Date on Market: 2023-07-06

  • Last Updated:

  • Address: 3086 220th St, Williams, IA 50271

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