$379,000

2211 Hwy 6 Trail

Marengo IA, 52301

Description

Sudbury Court & RV Park motel is a unique well maintained 20 modern rooms in two wings with metal roof and stone block exterior near the Amana Colonies, Iowa one of the largest tourist attraction, with 18 full hookups RV Park powered by 20, 30 & 50 Amps with water & sewer lines with camping area. This motel has consistence high room revenues with good ADR, RevPar and Cap rate. Modern living house with office for owner to live comfortably was built in 2001 having four spacious bedrooms, large modern kitchen, dining area, living room and two baths. Large private back yard for children to play and or socialized the friends and families. This motel has proven record of high cash flow and potential to increase for an aggressive new owner. It is an ideal opportunity for a first time investor with a modern living house with four bedrooms and two full baths Sudbury court Motel and RV park is price at $390,000

Details

MLS#1902547
StyleIndustrial
Sub-TypeResale
StatusActive
Year1941
Days On Site109

Features

Story(s)1
ZoningComm

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Area Information

StateIA
CountyIowa
CityMarengo
Zip Code52301
AreaIowa
Listing VS Median (in 52301)
Price:
$379,000
low | high
Med:
$135,000
100% of Average
On Site:
109
low | high
Med:
10
100% of Average
Listing Updated: 09/19/2019
MLS Number: 1902547
Listing Provided By:
Ashok Parikh  of  SKOGMAN REALTY COMMERCIAL
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