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214 W 9th St
Coralville, IA 52241

Price Upon Request

Hotel For Sale • 29,736 SF

Property Details

Property Type Hotel
Total Building Size 29,736 SF
Lot Size 1.04 AC
Building Class B
Year Built 1992
Zoning C2

34 Transit Score

57 Walk Score

                
                    Highlights
                
                                Revenue Growth: The hotel saw an 11% year-over-year room revenue increase (2023–2024), indicating strong performance momentum and enhanced cash flow.
                            
                                RevPAR Upside: With a current RevPAR Index of 76%, targeted improvements could raise room revenue to $1.0–$1.2M
                            
                                Prime Location Near Major Demand Drivers: Just 1.9 miles from the University of Iowa and 2.4 miles from UI Hospitals
                            
                                High-Traffic Entertainment District Proximity: Located 0.3 miles from Iowa River Landing, Xtream Arena, and GreenState Fieldhouse
                            
                                Retail & Recreation Demand: Near Coral Ridge Mall and major outdoor attractions like Coralville Lake and Brown Deer Golf Course
                            
                                Economic Growth & Job Base: Surrounded by major employers like ACT, Collins Aerospace, and P&G

Amenities

Pool
High Speed Internet Access
Public Access Wifi
Smoke-Free
Hot Tub

Public Transportation

Airport	Drive	Walk	Distance
The Eastern Iowa	30 min	-	21.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	60
Type:	Surface
Included in Rent:	Yes

Kristen Blackshaw 630-570-2200 Marcus & Millichap

214 W 9th St Coralville, IA 52241