Underwood Motel & Extended Stay 26553 Magnolia Road
Underwood, IA 51576
For Sale
23,048 sqft
Sale Price
$1,750,000
Brochure
Map
Hospitality For Sale
Motel & Extended Stay For Sale
54-room motel with two apartments
Excellent owner/operator opportunity
Demand generators include I-80 traffic, casinos, golf courses, Jack Links plant, convention centers, concert venues and Henry Doorly Zoo
Only hotel or motel within 13 miles
Well below replacement cost
Recent capital improvements and renovations
See agent for financials and other information
Get in touch
Talia Swanson
CBRE is pleased to present the opportunity to acquire the Underwood Motel, a 54-unit motel in Underwood, IA. The property consists of two, two-story buildings adjacent to Interstate 80.
Total offering price: $1,750,000
- 26553 Magnolia RD: $1,200,000
- 24936 Mulberry Ln: $550,000
Total offering price: $1,750,000
- 26553 Magnolia RD: $1,200,000
- 24936 Mulberry Ln: $550,000
Convenient location off I-80, within 10 miles to Council Bluffs and the Omaha, Nebraska metropolitan area
Total Space Available
23,048 sqft
Sale Price
$1,750,000
Get in touch
Talia Swanson