306 Madison Ave, Donnellson, IA 52625
sale
$150,000
|
Hospitality
Listed By CENTURY 21 Signature Real Estate
Motel in Donnellson Iowa that could be converted into self storage, multifamily housing, or be run as a motel.?
Block 1 contains a 4 bed, 2 bath single family home, a 2 bedroom apartment, and 2 motel rooms.? Brand new electric has been installed throughout this block and the building currently has 3 electric meters.? There is also a steel roof on Blocks 1 and 2.?
Block 2 contains 4 2 bedroom motel rooms, and will need new electrical service.?
Block 3 has 13 two bedroom motel units and an asphalt roof.? This block will need a new roof and new electrical service.?
The parking lot is solid concrete and is in excellent condition.?
Investment Highlights Value add opportunity Steel roofs, concrete parking lot, and partial new electrical service. Near Burlington, Fairfield, and Keokuk metros.
Block 1 contains a 4 bed, 2 bath single family home, a 2 bedroom apartment, and 2 motel rooms.? Brand new electric has been installed throughout this block and the building currently has 3 electric meters.? There is also a steel roof on Blocks 1 and 2.?
Block 2 contains 4 2 bedroom motel rooms, and will need new electrical service.?
Block 3 has 13 two bedroom motel units and an asphalt roof.? This block will need a new roof and new electrical service.?
The parking lot is solid concrete and is in excellent condition.?
Investment Highlights Value add opportunity Steel roofs, concrete parking lot, and partial new electrical service. Near Burlington, Fairfield, and Keokuk metros.
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Property Features
- Cross Docks: N
- For Auction: N
- Price Upon Request: N
- Style: Hosp. Hotel/Motel
- Sublease: N
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