Motel For Sale
Location: 948 E Main St
Manchester, IA
   
Price: $180,000
Rooms: 15
  
Occupancy: %
Average Daily Rate: $40
Income: $0
Expenses: $0
NOI: $0
  
Gross Multiplier:
Price / Room: $12,000
Cap Rate: 0.00%
   

Description:  Property includes motel, 1 1/2 story home for mgr, 12 x 20 garage, and extra land. Home has many updates (lobby area, kitchen, laundry). New roof on motel and home. Most rooms newly remodeled. Full basement under motel.

   

Dave Ward
Skogman Commercial Group

Office:
Mobile:
319-362-4373 ext. 129
319-551-4400

The Lodging Team!

All information furnished regarding this property is obtained from sources deemed in our opinion to be reliable but not guaranteed.
This information is also subject to change or withdrawal at any time without notice.