800 Senate Ave - Hospitality FOR SALE


Red Oak, IA 51566
$1,650,000 USD
307-686-9500
800 Senate Ave, Red Oak, IA for Sale
$1,650,000 USD
Hospitality - FOR SALE
1/22
null | Request Cap Rate

800 Senate Ave
Red Oak, IA 51566


HIGHLIGHTS

  • Pride of Ownership
  • Living Quarters 2 Bed, 2 Bath with full kitchen & living agrea
  • Steady Revenue

OVERVIEW

Rodeway Inn — Turnkey Hospitality with Exceptional Owner’s Quarters Positioned to serve Red Oak’s steady stream of business travelers, leisure guests, and regional visitors, the Rodeway Inn offers a rare combination of freshly renovated accommodations and exceptional on-site living space for ownership or management. This 39-room property has recently undergone extensive updates, delivering modern, comfortable lodging to meet the expectations of today’s travelers. A point of pride for this property is its expansive living quarters—featuring 2 bedrooms, 2 bathrooms, a full kitchen with a large island, and a spacious living area—providing an ideal setup for an owner-operator or on-site manager. Guests appreciate the hotel’s convenient location, offering quick access to local businesses, parks, downtown attractions, and major roadways. With its upgraded rooms, welcoming atmosphere, and strong curb appeal, the Rodeway Inn stands out in the market as a well-maintained, pride-of-ownership property ready for continued success. Whether you’re seeking a profitable hospitality investment or a business you can live and operate from, the Rodeway Inn in Red Oak, Iowa presents an outstanding opportunity in a growing and community-driven Midwest town.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$83 USD /SF

# OF ROOMS

39

PRICE/ROOM

$42,308 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rodeway Inn Red Oak

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1996

PARKING SPACES

71

LAND DETAILS

LAND ACRES

1.55 AC

LAND SF

67,518 SF

ZONING

C

APN/PARCEL ID

600-62-12-510180-00

ASK ABOUT THIS PROPERTY

Pat GreenHCBRE, LLCMore Info
307-686-9500

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Pat GreenHCBRE, LLCMore Info
307-686-9500

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