Motel For Sale
Location: 209 E. Hwy 30
Jefferson, IA
   
Price: $340,000
Rooms: 26
  
Occupancy: 50%
Average Daily Rate: $30
Income: $91,072
Expenses: $62,636
NOI: $28,436
  
Gross Multiplier: 3.73
Price / Room: $13,077
Cap Rate: 8.36%
   

Description:  New water heater, Clean room's, kept up well, Apt. 2 br. kitchen, big living room, furnished basement , garage 2 stall, laundry. Pop machines, ice machines, refrig in room and microwave in room, air in room's .

   

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.