Super 8 Carroll - Carroll, IA

$125,000 PRICE REDUCTION! A very solid fit for a first-time buyer, now offered at $1,075,000. Very reasonable PIP in a town with a solid business sector. Please call today for details!

Property Details

Address 1757 US-71, Carroll IA 51401 (view map)
Price $1,075,000
Rooms 30
Price Per Key $35,833
Property Type Limited Service
Revenue Call or Email for CA

Executive Summary

$125,000 Price Reduction!!

The town of Carroll, Iowa, has a population of10,100 and is the county seat of Marion County, which has a population of 20,800.  Carroll has a strong business community, with the largest employers being Farner-Bocken Company (foodservice distributors), St. Anthony Regional Hospital, American Home Shield Insurance and Pella Corp (nationally ranked window manufacturer).

This very well maintained Super 8 is an ideal opportunity for an owner/operator with its 30 units.  It is a 2018 Pride of Super 8 Award Winner.  Many improvements have been made to the hotel, including newer LED flat screen TV's, beds, top of bedding and guestroom light package. Also, newer carpet and paint throughout the hotel, plus an updated breakfast area and lobby, are appreciated by guests.

In addition to Carroll having a solid manufacturing background, demand generators include Swan Lake State Park, Sauk Rail Trail (a 33-mile multi-use recreational trail) and Merchants Park (baseball stadium).  Carroll Brewing Company, Legendary Rye, Santa Maria Vineyard & Winery and over 30 restaurants as also popular attractions.

If you are looking for a well-maintained hotel that is a solid fit for an owner/operator, this Super 8 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

  • 2-Story/Interior Corridor
  • 2018 Pride of Super 8 Award Winner
  • Priced well below replacement cost (less than $36K/Room)
  • Newer LED flat screens, beds, top of bedding & guestroom light package
  • Newer carpet & paint throughout and tile floor in lobby/breakfast area
  • Super 8 Signature Headboards
  • Microwave and mini fridge in all guestrooms
  • Ample truck and RV parking