Quality Inn North - Cedar Rapids, IA

Cedar Rapids is the second largest city in Iowa, with a vibrant business sector, multiple colleges and many demand generators. The Quality Inn North is well positioned to continue to capture such growth and is an excellent opportunity for an owner to see immediate cash flow and take advantage of increasing revenue! Call or Email today for details.

Property Details

Address 4747 1st Ave SE, Cedar Rapids IA 52402 (view map)
Price $2,100,000
Rooms 49
Price Per Key $42,857
Property Type Limited Service
Revenue $715,000 T-12

Executive Summary

Cedar Rapids, Iowa - the second largest city in the state - is in one of the leading manufacturing regions in the United States.  It is also one of the leading bio-processing and food ingredient centers in North America.  Cedar Rapids is home to almost 300 different manufacturing plants and two dozen Fortune 500 companies, including Rockwell Collins, AEGON, General Mills, Cargill, Penford, Quaker Oats, Archer Daniels Midland and Nordstrom. Please follow this link for additional information on Cedar Rapids:

http://www.cedar-rapids.org/discover_cedar_rapids/about_us/recognition_and_rankings.php

The Quality Inn North is located a short distance from I-380, the interstate corridor that divides Cedar Rapids and connects to I-80 to the south. A significant amount of the new development, in north Cedar Rapids, is found along 1st Avenue. 

This very well-maintained Quality Inn is a 2017 Choice Hotel Gold Award Winner recipient.  Many improvements have been made to the hotel, including newer case goods, carpet, paint, LED flat screen TV's, beds and top of bedding. Guests also appreciate the updated breakfast area and lobby, plus the indoor pool.

In addition to Cedar Rapids having a solid manufacturing and agricultural background, demand generators include Coe College (1400 enrollment) and Mount Mercy University (1800 enrollment), both 4-year liberal arts institutions.  Lindale Mall, US Cellular Center and the Tuma Soccer Complex are also located a short distance from the hotel.

If you are looking for a well-maintained hotel in a growing city with increasing revenue and net income, the Quality Inn North should be on your list of hotels to explore.

Contact an Associate

Dave Jones, Principal Dave Jones, Principal
913-499-4725 (office)
Send an Email

Hotel Description

  • 3-Story w/Elevator
  • 2017 Choice Gold Award Winner recipient
  • Suites
  • Newer LED flat screens, beds, top of bedding
  • Newer carpet & paint throughout
  • Newer case goods and headboards
  • Exterior paint - 2017
  • NEW shut-off valve system
  • NEW hot water system
  • Microwave and mini fridge in all guestrooms
  • Fitness room
  • Indoor swimming pool
  • 100% non-smoking