UNDERWOOD MOTEL & EXTENDED STAY OFF I-80 26553 Magnolia Road
Underwood, IA 51576
For Sale
12,770 sqft
Sale Price
$1,200,000
Brochure
Map
Hospitality For Sale - Available Immediately
34 total number of rooms - 12,770 SF Building / 1.37 AC Land
34-room motel
Excellent owner/operator opportunity
Convenient location off I-80, within 10 miles to Council Bluffs and the Omaha, Nebraska metropolitan area
Demand generators include I-80 traffic, casinos, golf courses, Jack Links plant, convention centers, concert venues and Henry Doorly Zoo
Only one of two hotel or motels within 13 miles
Well below replacement cost
Recent capital improvements and renovations
See agent for financials and other information
Get in touch
Talia Swanson
EXECUTIVE SUMMARY - THE PROPERTY
$1,200,000 offering price
34 total number of rooms
ONE number of buildings
12,770 SF / 1.37 AC
total building area / total land area
CBRE is pleased to present the opportunity to acquire the Underwood Motel & Extended Stay off I-80, a 34-unit motel in Underwood, Iowa. The property consists of a two-story building adjacent to Interstate 80.
BUILDING SIZE 12,770 SF
LAND AREA 1.37 AC
YEAR BUILT / RENOV 1973, 1991 / 2024
BUILDING CONFIGURATION Two-story L-shaped motel with office, 11 extended stay suites, and guest laundry
NUMBER OF ROOMS 34
OWNERSHIP INTEREST Fee-simple
MANAGEMENT Unencumbered
$1,200,000 offering price
34 total number of rooms
ONE number of buildings
12,770 SF / 1.37 AC
total building area / total land area
CBRE is pleased to present the opportunity to acquire the Underwood Motel & Extended Stay off I-80, a 34-unit motel in Underwood, Iowa. The property consists of a two-story building adjacent to Interstate 80.
BUILDING SIZE 12,770 SF
LAND AREA 1.37 AC
YEAR BUILT / RENOV 1973, 1991 / 2024
BUILDING CONFIGURATION Two-story L-shaped motel with office, 11 extended stay suites, and guest laundry
NUMBER OF ROOMS 34
OWNERSHIP INTEREST Fee-simple
MANAGEMENT Unencumbered
JURISDICTION Underwood, Iowa 51576
LOCATION West and adjacent to I-80
ASSESSOR PARCEL # 764221200001
ZONING Commercial
Location Highlights
› Adjacent to Exit 17 off I-80
› Next to Underwood I-80 Truck Stop
› Only one of two motels or hotel within 13 miles
› Within walking distance to a 500K SF Jack Links distribution center and the town of Underwood
Amenities
› Refrigerators and microwaves in all rooms
› Complimentary wi-fi and cable TV in all rooms
› Manager’s office and lobby
› Large self-service laundry facility for guests
› Recent renovations and extensive capital improvements
Room Types
› 34 rooms and suites total
› 9 extended stay suites with separate bedroom and full kitchen
› 25 rooms with one queen bed, one bathroom, refrigerators and microwaves
LOCATION West and adjacent to I-80
ASSESSOR PARCEL # 764221200001
ZONING Commercial
Location Highlights
› Adjacent to Exit 17 off I-80
› Next to Underwood I-80 Truck Stop
› Only one of two motels or hotel within 13 miles
› Within walking distance to a 500K SF Jack Links distribution center and the town of Underwood
Amenities
› Refrigerators and microwaves in all rooms
› Complimentary wi-fi and cable TV in all rooms
› Manager’s office and lobby
› Large self-service laundry facility for guests
› Recent renovations and extensive capital improvements
Room Types
› 34 rooms and suites total
› 9 extended stay suites with separate bedroom and full kitchen
› 25 rooms with one queen bed, one bathroom, refrigerators and microwaves
Total Space Available
12,770 sqft
Sale Price
$1,200,000
Get in touch
Talia Swanson