3315 Southgate Ct SW - Hospitality FOR SALE
Cedar Rapids, IA 52404 |
3315 Southgate Ct SW
Cedar Rapids, IA 52404
HIGHLIGHTS
- Excellent location directly off I-380 within proximity to many of the area's primary demand generators, businesses, and attractions.
- With over 4,200 locations worldwide, the brand has created customer loyalty through an extensive rewards program and consistent quality and service.
- Operational upside potential with an improved hands-on revenue management strategy driving revenue growth with increased rates.
- Unencumbered by a management agreement, providing the opportunity to revamp the operational strategy of the hotel.
- The brand benefits from its affiliation with Best Western Hotels & Resorts, one of the largest select-service hotel companies.
- The hotel is offered at a significant discount relative to replacement cost.
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Ramada by Wyndham Cedar Rapids South
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
50560
STORIES
2
ROOM ENTRANCE
Interior
BUILDING CLASS
C
YEAR BUILT
1987
PARKING SPACES
125
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
C
APN/PARCEL ID
19042-51004-00000
