For Sale
$350,000

22980 141St Dr Bouton, IA 50039

Iowa Motel: 24 Beds, High Traffic Location

Overview

Added:
Dec 11, 2024
Days on market:
133
This 15-unit motel in Bouton, Iowa, presents a compelling investment opportunity. Located at a high-traffic intersection of Highways 141 and 169, it enjoys easy access to Perry and the Des Moines metro area. Boasting 9,858 square feet across two single-story buildings on a 1.36-acre lot, the property features 24 beds and has a consistent rental history. The motel includes a welcoming lobby, a manager's suite, and a former conference area ripe for renovation or repurposing. Seven on-site storage units offer additional income potential. Recent improvements include a new roof and updated furnishings in many rooms, including beds, bedding, headboards, and furniture. The PTAC units are also in good condition. The property's concrete wall construction ensures durability. The property's C zoning allows for flexibility in its future use, whether continuing as a motel, converting to apartments, or developing into an Airbnb-style resort. Long-term tenants and consistent room block rentals from contracting firms demonstrate strong occupancy potential. The asking price is $350,000. Built in 1966, this property offers significant upside for the savvy investor.

Highlights

  • $350,000 asking price for this Iowa motel.
  • Hospitality property, Motel subtype, totaling 9,858 square feet.
  • Features 24 beds across two, one-story buildings on a 1.36-acre lot.
  • Built in 1966, with C zoning.

Property Details for 22980 141St Dr

Property type
Hospitality properties, Motels
Square Feet
9,858 SF
Year Built
1966
Buildings
2
Stories
1
Lot Size (sq. ft)
59,242 SF

Location Insight

City
Bouton
County
Dallas
State
Iowa
Latitude
41.8333293
Longitude
-94.0292066

FAQs

What type of property is this?
Hospitality property - Iowa Motel: 24 Beds, High Traffic Location
Where is the hospitality property located?
The property is located at 22980 141St Dr Bouton, IA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: $350,000 asking price for this Iowa motel.; Hospitality property, Motel subtype, totaling 9,858 square feet.; Features 24 beds across two, one-story buildings on a 1.36-acre lot.
How can I contact the broker?
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22980 141St Dr
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