About 12458 Hwy.18
Investment Opportunity!!! Don't let this one pass you by. 34 room motel. This motel has 15 long term rentals with 19 short term/overnight rentals. The property sits on 3.60 acres of land on the edge of Postville. Features of the property include a care takers apartment, guest laundry, Updates include : a metal roof new aprox 8 yr. Most rooms have been renovated to include new heat/cooling units, electrical, all lower level rooms added in the last 6 years. Common areas to include kitchen and laundry facitlity. Warehouse/shed 56' x36' metal shed sits to the rear of this property. Books open to qualified buyers
Features of 12458 Hwy.18
| MLS® # | 20250972 |
|---|---|
| Price | $650,000 |
| Square Footage | 8,463 |
| Acres | 0.00 |
| Year Built | 1954 |
| Type | Residential Income |
| Sub-Type | Acreage |
| Status | Active |
Community Information
| Address | 12458 Hwy.18 |
|---|---|
| City | Postville |
| County | Clayton |
| State | IA |
| Zip Code | 52162 |
Amenities
| Utilities | Other |
|---|---|
| Parking Spaces | 30 |
| Parking | Parking Pad, None |
Interior
| Cooling | Wall Unit(s) |
|---|
Exterior
| Roof | Membrane, Metal |
|---|
Lease Information
| Price Type | Gross |
|---|
School Information
| Elementary | Postville |
|---|---|
| Middle | Postville |
| High | Postville |
Additional Information
| Date Listed | March 12th, 2025 |
|---|---|
| Days on Market | 43 |
| Zoning | C |
| Total Building Sq. Ft. | 0.00 |
| Gross Taxes | $8,494 |
Listing Details
| Agent | Lisa Wescott |
|---|---|
| Office | Homestead Realty, LLC |