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Off market
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  • $777,700

    1503 W Sheridan Ave, Shenandoah, IA 51601

    0beds
    0baths
    12,687sqft
    SingleFamily
    Built in 1953
    1.44 Acres lot
    $777,700 Zestimate®
    $61/sqft
    $-- HOA

    What's special

    Great opportunity for a new hotel-motel investor with good cash flow. This 47 room is outdoor corridor with excellent two living quarters, one with one bedroom and another one with two bedroom. Both living quarter and equipped with modern kitchens and living room. It is very well maintained property, located on the busy US Hwy 59 in Shenandoah, IA. Asking price $800,000, 2.7 times room revenue. Consistent room revenue for last three years and potential to boost even more

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 0
    Interior area
    • Total interior livable area: 12,687 sqft

    Property

    Features
    • Exterior features: Other, Brick, Cement / Concrete
    Lot
    • Size: 1.44 Acres
    Details
    • Parcel number: 040040027000000

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Other
    • Roof: Asphalt
    Condition
    • Year built: 1953

    Community & neighborhood

    Location
    • Region: Shenandoah
    Services availability
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    An equal housing lender. NMLS #10287.