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Description
The Arrowhead Motel ? A Unique Burlington Investment Opportunity. Burlington's longest-standing local motel, the Arrowhead Motel presents a rare opportunity to acquire an established hospitality business with 29 complete motel suites, each with its own unique layout and character. Beyond the motel itself, the property includes multiple additional buildings and income-producing components, including a duplex 3-bed, 2-bath unit, and 3-bedroom, 1-bath, unit as well as a 3-bed, 2-bath house with an attached garage. The property also includes a long-term commercially leased building, three additional garage spaces, on-site coin laundry, owner/manager living quarters, and commercial housekeeping and laundry equipment. Burlington is experiencing increased activity, with new plants and businesses planned or being developed in the area. This growth may create additional demand for lodging from employees, contractors, vendors, and business travelers in the coming years. The Arrowhead also offers flexibility for the future. A buyer could continue operating the property as a motel, update and reposition the business, or explore other uses such as residential apartments, subject to zoning and required approvals. An additional commercial building may also be negotiated into the sale, providing even more possibilities for the right buyer. Established business. Multiple buildings. Multiple potential uses. One unique opportunity to make the Arrowhead Motel your own.
Property Highlights
Property Type: Commercial - Investment
Year Built: 1967
General Information
County: Des Moines
Subdivision: MATTESON WOODBURN
Listed By:
Century 21/Property Professionals
319-753-6000
No Coast MLS
MLS ID: 6342635
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2518 Mount Pleasant Street, Burlington, IA 52601.
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563-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $825,000 | $825,000 | $825,000 |
| Down Payment | $165,000 | $28,875 | $206,250 |
| Monthly Mortgage Amount | $4,336 | $5,254 | $5,263 |
| Taxes | $1148 | $1148 | $1148 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $363 | $0 |
| Monthly Estimated Total | $5,725 | $7,006 | $6,652 |
About this area
About Burlington
Burlington, IA is situated near the Mississippi River in Des Moines County and is home to one of the world’s most crooked alleys—Snake Alley. The city is surrounded by a myriad of outdoor recreation, family activities, and dining experiences. It sits in the middle of a metropolitan region with the surrounding areas being West Burlington, Middle Town, and Gulf Port.
Burlington is a rapidly growing city in many different areas. The downtown area is full of shops and places to eat as well as historical homes lining the downtown streets. The city is also home to the famous NFL quarterback Kurt Warner who won two NFL MVP awards. On summer nights you will hear your city’s pride for their semi-pro baseball team—the Burlington Bees—straight from your home’s backyard. Burlington is also home to Iowa’s oldest newspaper, The Hawk Eye. Lastly, the first backhoes rolled off the assembly line at the Burlington Backhoe plant in 1967, which is now the only plant in the United States that produces the Case Loader/Backhoe, giving Burlington the nickname Backhoe Capital of the World.
Homes for sale in Burlington range from riverfront views to new construction neighborhoods. The community is served by the Burlington Community School District, which features many K-12 schools.
If you are ready to start your real estate buying or selling journey, browse the newest homes for sale in Burlington, IA. You can also contact us—we are here to help!
Nearest Ruhl & Ruhl Office: Burlington
403 South Gear Avenue
Suite 105
West Burlington, IA 52655
(563) 441-1776