Super 8 Clarinda — Sale in Clarinda, IA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Hospitality Business
  • Location: Clarinda, IA 51632
  • Year built: 1999

Photos

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Investment Figures

Cap rate
11.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present the exclusive opportunity to acquire the Super 8 by Wyndham Clarinda, a well-maintained, 40-room hospitality asset strategically positioned in Southwest Iowa. Built in 1990, the two-story hotel offers investors an attractive combination of stable in-place cash flow and operational upside, offered at a compelling 12.0% capitalization rate and 2.7x room revenue multiplier—metrics rarely available in today’s Midwest hospitality market. The Property represents an ideal opportunity for a first-time hotel operator or regional owner seeking expansion within the economy segment. With ownership based outside the local market, the hotel offers clear upside for a more engaged operator to improve efficiencies, enhance oversight, and maximize profitability. Further supporting the investment thesis, the Property is expected to require minimal PIP obligations, creating an accessible entry point with limited near-term capital needs. Strategically positioned directly off Clarinda’s primary east-west highway, the hotel benefits from excellent visibility, convenient accessibility, and a large parcel with ample complimentary parking. The Property features amenities consistent with the economy lodging segment, including an indoor pool and whirlpool, which enhance appeal among leisure travelers and help differentiate the hotel from local competitors while supporting broader guest demand. As the county seat of Page County, Clarinda serves as a regional hub for healthcare, education, agriculture, and recreation, supporting consistent lodging demand throughout the year. Key demand drivers include Clarinda Regional Health Center, which continues to invest in facility expansion and improvements, the Clarinda campus of Iowa Western Community College, and the nationally recognized Clarinda A’s amateur baseball program, which drives seasonal visitation. The region’s agricultural economy and business activity further contribute to stable year-round occupan

Market Context

This hospitality in Clarinda, IA is listed for sale. It is offered at an approximate 11.0% capitalization rate, a key benchmark for income-producing hospitality assets. The building dates to 1999. Compare it against other hospitality listings for sale in Clarinda, IA — view the full market.

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