203 SE 7th St - Hospitality FOR SALE


Stuart, IA 50250
$2,150,000 USD
952-932-9987
203 SE 7th St, Stuart, IA for Sale
$2,150,000 USD
Hospitality - FOR SALE
1/6
null | Request Cap Rate

203 SE 7th St
Stuart, IA 50250


HIGHLIGHTS

  • Strategically located on I 80 capturing strong transient demand and located approximately 30 minutes from Des Moines
  • Currently owned by the original developer and first time offered for sale
  • Recently converted in February 2026 to an ABVI by Sonesta from Motel 6
  • Current ownership completed improvements leaving minimal expected change of ownership PIP

OVERVIEW

Timm and Associates, Inc. has been exclusively retained to represent the ownership in the sale of the ABVI of Stuart, IA. The hotel is a 61 room, 2 story hotel ideally positioned along the I 80 corridor with convenient access to the Des Moines metropolitan area. Owned by the original developer since construction and recently converted to an ABVI, this offering presents a rare opportunity to acquire a well maintained asset that has not previously been available on the open market. With recent improvements completed and the property operating unencumbered by third party management, the hotel provides investors with a stable operating foundation and revenue growth potential through more hands on ownership in a strong interstate location.

FOR SALE DETAILS

PRICE

$2,150,000 USD

PRICE/SF

$70 USD /SF

# OF ROOMS

61

PRICE/ROOM

$35,246 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

ABVI

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1995

PARKING SPACES

35

LAND DETAILS

LAND ACRES

1.74 AC

LAND SF

75,794 SF

ZONING

C

APN/PARCEL ID

04-04-300-012

ASK ABOUT THIS PROPERTY

Gregory TimmTimm & Associates, IncMore Info
952-932-9987

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Gregory TimmTimm & Associates, IncMore Info
952-932-9987

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.