309 W Adams Street

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309 W Adams Street

Creston, IA 50801
Asking Price
$220K
Asset Type
Hotel Hospitality
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Hospitality property located at 309 W Adams Street in Creston
  • Asset is currently offered for sale at $220,000
  • Hotel facility situated in the 50801 zip code area
  • Property serves travelers within the local Creston regional economy

What's Special

Available for $220,000, this hospitality asset sits at 309 W Adams Street in Creston, Iowa. The property serves the local lodging market within a region known for its steady agricultural-based economy and regional transit connections. As a hotel located in a central Iowa municipality, the facility is positioned to accommodate travelers visiting the area for business or regional tourism. Prospective buyers could utilize this property for continued operations as a hospitality site or consider repositioning the structure depending on local regulations and market demand. Creston offers a stable suburban atmosphere with access to local infrastructure and essential services, making it a viable location for commercial property investment. Investors and operators looking for a hospitality project in this specific market will find a straightforward asset suitable for various professional business strategies.

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NOI
$80,000
Cap Rate
36.36%
DSCR
6.12
Strong
Cash-on-Cash
101.42%
Monthly Payment
$1,088.44
Annual Cash Flow
$66,938.72

Location & Travel Times