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Hotel For Sale • 31,824 SF
Motel 6 Cedar Rapids is a 100-room interior corridor hotel with strong recent performance and clear owner-operator upside. The property generated over $1.26M in 2025 revenue and is trending toward $2.0M+ based on strong 2026 performance. Occupancy is already outperforming the market, while ADR remains below comp set levels, creating immediate revenue upside through rate increases. The current operation includes over $200K in add-backs and operational inefficiencies that can be optimized by a hands-on owner. Offered at $5.9M (under $60K per key), the asset provides a below-replacement-cost entry point with both stable cash flow and measurable upside potential.
| Property generated over $1.26M in 2025 revenue with continued month-over-month growth in 2026, trending toward a $2.0M+ annualized run rate |
| 100-room interior corridor hotel offering enhanced security, guest appeal, and higher ADR potential compared to typical exterior corridor economy asse |
| Located in Cedar Rapids, supported by manufacturing, logistics, healthcare, and education sectors, delivering consistent year-round occupancy. |
| Offered at $5.9M (under $60K per key), providing an attractive entry point significantly below replacement cost for a similar interior corridor asset. |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| The Eastern Iowa | 13 min | - | 7.3 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 100 |
| Type: | Surface |
| Included in Rent: | Yes |
Alex Tank
Rancho Hotels
Alex Tank
Rancho Hotels
