NO 1% ORIGINATION FEETami McGary Office: 319.341.2126
Beautiful well maintained twenty one rooms Hawkeye Motel located in town of Washington, IA on West Madison St. Highway 92 & 1. Current owner has been owning for last six years and very motivated to sale. Exterior of building is well maintained. Recently all new beddings, flat screen TV, phone System, Security camera, washer & drier, guest laundry, carpet and fresh room paint has been added to this motel. Modern three bedroom manager apartment is recently been renovated with sun room and a kitchen with new stainless steel appliance. Room revenue is consistence for last several years and potential to increase for an aggressive new family operated owner. Hawkeye Motel is well priced at $540,000, 2.8 times the room revenue with attractive cash flow.
Electricity Heat, Window/Wall Air
Copyright © 2019 Cedar Rapids Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing information last updated on August 17th, 2019 at 6:29am CDT.