Property Overview

This recently price reduced and renovated Boarders Inn & Suites is 63 rooms, three-stories and located in NE Iowa in the city of Waterloo. The city is part of the greater Waterloo-Cedar Falls area with an MSA of 169,565.

The city is home to one of three Iowa Board of Regents universities, a four-year private college, and nationally recognized historic downtown districts.

Lost Island Waterpark recently completed a $100M expansion in 2022. The city of Waterloo also pitched in $14 million towards the theme park and the city also spent $10 million to improve Shaulis Road, which leads from Interstate 380 to the Lost Island parks.

Other popular Waterloo attractions include: Experience Waterloo, Bluedorn Imaginarium, Cedar Valley Arboretum & Botanic Gardens, Cedar Valley SportsPlex, Riverfront Stadium, Gallagher Bluedorn Performing Arts Center, John Deere Tractor & Engine Museum, The Isle of Capri Casino Hotel, Waterloo/Cedar Falls Symphony Orchestra and Sullivan Brothers Iowa Veterans Museum.

Please contact Ted Holmes for all tours. Please do not visit the hotel without signing a CA & making an appointment with the listing broker.

Property Highlights

Asking Price$1,450,000
Property DescriptionLimited Service
Number of Rooms62
Major Source of BusinessBusiness, Traveler, Transient, University, Corporate & Retail
Site Size+/- 2.0
Year Built 1988
Last Year Renovated 2023
Common Area AmenitiesBreakfast area