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Stanton Inn Motel 620 Halland Ave

12 Room Hotel Stanton, IA 51573 $462,150 CAD ($38,513 CAD/Room)

Investment Highlights

  • P+roperty offers ample room for expansion
  • Located next to the popular Casey's convenient store on US Highway 34
  • Located near Red Oak, IA in a highly trafficked area

Executive Summary

Possible Owner Financing.
40%-50% Down Financing.

Property Facts

Price $462,150 CAD
Price Per Room $38,513 CAD
Sale Type Investment
Sale Conditions Business Value Included
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.54 AC
Building Size 6,479 SF
No. Rooms 12
No. Stories 1
Year Built 1994
Parking Ratio 2.6/1,000 SF
Corridor Interior

Amenities

  • High Speed Internet Access
  • Public Access Wifi

About 620 Halland Ave , Stanton, IA 51573

Introducing 620 Holland Ave, Stanton, Iowa - an exceptional investment opportunity in the heart of an industrial park, strategically located next to the popular Casey's convenient store on US Highway 34. This well-maintained 12-unit motel, accompanied by a cozy two-bedroom, one-bathroom manager living quarters, offers immense potential for various business ventures. With its prime location near Red Oak, Iowa , this property experiences high traffic, making it an ideal choice for entrepreneurs seeking assisted living homes, one-room long-stay rental apartments, or even the transformation into storage units. The motel's proximity to major highways ensures excellent visibility and accessibility, providing a constant influx of potential customers. Additionally, the property offers ample room for expansion, with additional ground available adjacent to the motel. This opens up a plethora of possibilities for further development, allowing investors to explore and maximize the potential of this commercial gem. Don't miss out on this rare opportunity to acquire a versatile commercial property in a booming area. Whether you envision a thriving assisted living community, long-stay rental apartments, or a lucrative storage facility, 620 Holland Ave is ready to fulfill your entrepreneurial dreams. Contact us now to seize this incredible investment chance!

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 12 $120.87 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
681-10-31-010630-00
Land Assessment
$35,934 CAD
Improvements Assessment
$335,990 CAD
Total Assessment
$371,924 CAD

zoning

Zoning Code GC (Commercial)
GC (Commercial)
  • Listing ID: 31207448

  • Date on Market: 2024-03-13

  • Last Updated:

  • Address: 620 Halland Ave, Stanton, IA 51573

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