207 W Gallup Rd - Hospitality FOR SALE


Jefferson, IA 50129
$1,250,000 USD
319-504-0998
207 W Gallup Rd, Jefferson, IA for Sale
$1,250,000 USD
Hospitality - FOR SALE
1/5
null | Request Cap Rate

207 W Gallup Rd
Jefferson, IA 50129


HIGHLIGHTS

  • Established and stable Cash Flow
  • Strategic Location Along Highway 30 Corridor
  • Proximity to Key Demand Drivers Including Wild Rose Casino & Resort
  • Metal Roof
  • Minimal PIP

OVERVIEW

This property presents a prime investment opportunity for an owner-operator or investor seeking to acquire an established Super 8 hotel in Jefferson, Iowa. The offering features a 14,491 SF building with 34 guest units, originally constructed in 1997. The property benefits from commercial zoning, allowing flexibility for continued hospitality use or potential future redevelopment. The hotel generates consistent, recurring income driven by traveling construction crews along Highway 30, as well as budget-conscious guests visiting the nearby Wild Rose Casino. Strategically located along Highway 30, the property offers excellent visibility, convenient access, and a strong position within the Jefferson market, making it an attractive opportunity for both immediate cash flow and long-term upside.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$47 USD /SF

# OF ROOMS

34

PRICE/ROOM

$36,765 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Super 8 Jefferson

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1996

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.44 AC

LAND SF

62,726 SF

ZONING

C

APN/PARCEL ID

1105101001

ASK ABOUT THIS PROPERTY

Cole HornbuckleSVN | CREATEMore Info
319-504-0998

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Cole HornbuckleSVN | CREATEMore Info
319-504-0998

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