2679 Rock Ridge Rd - Hospitality FOR SALE


Rock Valley, IA 51247
$3,250,000 USD
605-444-7117
2679 Rock Ridge Rd, Rock Valley, IA for Sale
$3,250,000 USD
Hospitality - FOR SALE
1/13
null | 9% Cap Rate

2679 Rock Ridge Rd
Rock Valley, IA 51247


HIGHLIGHTS

  • Three-story interior corridor design providing operational efficiency and guest security.
  • Constructed in 2019, featuring modern finishes and well-maintained infrastructure.
  • 46 guest rooms complemented by onsite amenities including an indoor pool, fitness center, and meeting space.
  • Location along a primary travel route with direct connectivity to retail, dining, and community services.
  • Generates steady income, supported by recent operating metrics and an average ADR above $120.
  • Offered as a turnkey hotel investment with value stability in a growing regional market.

OVERVIEW

The GrandStay Hotel in Rock Valley, Iowa, presents a robust opportunity for investors or owner-operators seeking an established hospitality asset. Built in 2019, this three-story property features 46 fully appointed rooms and offers guests modern comfort in a like-new environment. The property spans over 31,000 square feet on a 2.16-acre lot and includes ample on-site parking with 46 spaces. Strategically located near US Highway 18, the hotel capitalizes on strong regional connectivity and accessibility to local amenities and dining hubs. Operational performance demonstrates a solid revenue base, supported by a 9% cap rate, an average daily rate (ADR) of $120.73, and three-year historical occupancy averaging 52.91%. This property benefits from minimal deferred maintenance, reliable financials, and contemporary design elements that meet evolving guest expectations. Ideal for owner-occupiers or regional portfolio investors, this offering combines modern construction, favorable market positioning, and proven income potential at a competitive price point of $3,250,000.

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$101 USD /SF

# OF ROOMS

46

PRICE/ROOM

$70,652 {currency}

CAP RATE

9%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

GrandStay Hotel & Suites Rock Valley, IA

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2019

PARKING SPACES

56

LAND DETAILS

LAND ACRES

2.16 AC

LAND SF

94,089 SF

ZONING

MU

APN/PARCEL ID

03-22-478-002

ASK ABOUT THIS PROPERTY

Dale ZomerNAI Sioux FallsMore Info
605-444-7117

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Dale ZomerNAI Sioux FallsMore Info
605-444-7117

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