| Location: | 2702 Hwy 34 West Fairfield, IA |
| Price: | $600,000 |
| Rooms: | 42 |
| Occupancy: | 35% |
| Average Daily Rate: | $45 |
| Income: | $115,183 |
| Expenses: | $71,165 |
| NOI: | $44,018 |
| Gross Multiplier: | 5.21 |
| Price / Room: | $14,286 |
| Cap Rate: | 7.34% |
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Description: On highway 34 across from county fairgrounds. 3 BR living quarters, plus separate 1 BR apartment. Half the units are singles, half are doubles. Nice loft unit and honeymoon suite. Solid construction. |
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Dave Ward |
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Office: Mobile: |
319-362-4373 ext. 129 319-551-4400 |
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The Lodging Team! |
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This information is also subject to change or withdrawal at any time without notice.