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20 Iowa Ave EMarshalltown, IA 50158
Hampton Inn & Suites Marshalltown
Asset ClassHotel & Hospitality
# Keys80
overview of deal

Overview

The Hampton Inn & Suites Marshalltown is an 80-room, four-story Hotel stationed at 20 Iowa Avenue E in Marshalltown, Iowa, just off Highway 30. The midscale Hotel maintains a wide variety of common area amenities including an indoor pool, fitness center, business center, and meeting room.

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Investment Highlights

  • Four Story, 80-Room, Hilton-Branded Hotel.
  • Located Less Than 2 Miles from Several Nationally Acclaimed Retailers including Menards, Walmart, Slumberland Furniture and much more.
  • Home of Marshalltown Speedway; hosts numerous events throughout the year.
  • Situated Across the Highway from UnityPoint Health Marshalltown Hospital, Marshalltown Speedway, & JBS Corporation which employs over 2,300 people and recently built a brand new 102 unit apartment complex for their employees.
  • Located just 3.2 miles from the Central Iowa Fairgrounds, offering year-round events like the Central Iowa Fair, rodeos, stock car races, bingo, livestock shows, craft shows, weddings, banquets, receptions, and more.
  • Premier Hilton-Branded Asset: The Property greatly benefits from its affiliation with Hilton, one of the strongest brands in the lodging industry that boasts a powerful reservation system and strong brand loyalty largely created by the popular Hilton Honors program, which now has more than 173 million members.
  • Offered Fee Simple, Unencumbered by Management Contracts or Existing Debt.

Offering Summary

Financials
- Listing Price
Call For Offers
- RevPar
$79.76 (TTM March 2024)
- # Rooms
80
- Lot Size
2.85 Acres
- Year Built
2009
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20 Iowa Ave EMarshalltown, IA 50158
American Legion Golf Course & Lounge
Mega-10 Park
Central Iowa Fair
Marshalltown Speedway
Glick-Sower Historical House
Historical Society of Marshall County
Binford House
Grimes Farm and Conservation Center
Riverview Park

Sales Team

Chris GomesExecutive Managing Director Investments(972) 786-2719chris.gomes@marcusmillichap.com

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Listing provided by Revere CRE