Comfort Inn & Suites Coralville
214 9th St, Coralville, IA 52241
$4,375,000
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Franchise
Choice Hotels
Room Count
62
Year Built
1992
Lot Size
1.04 Acres
Key Highlights
Fee simple interest in the recently renovated, 62-unit, three-story Comfort Inn & Suites located in Coralville, Iowa a suburb of Iowa City
A+ location, conveniently located off I-80 just two miles from the University of Iowa & walking distance to many retail stores and restaurants
Subject property was recently renovated and is offered with minimal PIP for a new investor | Elevators were modernized in 2023/2024
2024 Gross revenues are expected to achieve nearly $1,100,000 | 2025 gross revenues are expected to achieve $1,100,000+
University of Iowa (2 miles), over 33,000 undergraduate and graduate students enrolled and offers over 200 areas of study | University of Iowa is part of the “ Big Ten” football conference and nearly sells out every home game at a high Average Daily Rate
University of Iowa Health Care Medical Center (2.4 miles) 811- bed, public teaching hospital ranked as Best Hospital in the State (2024)
Contact an Agent
Jon Ruzicka
Iowa Broker of Record
Minneapolis Office
1601 Utica Avenue South, Suite 301 Minneapolis, MN 55416
IA-B63379000
Marcus & Millichap Real Estate Investment Services of Chicago, Inc., a California Corporation