What is the asking price for Underwood Motel?

The lease rate for space here is Contact for pricing.

What is the total size of Underwood Motel?

The property has a total square footage of 7,752 SF.

How many parking spaces are available at Underwood Motel?

Parking information for the property isn't currently listed. However, other nearby parking options include Reiver Tower, located 9.12 miles away , and Reiver Village, which is 9.16 miles away.

24936 Mulberry Lane, Underwood, IA 51576

For Sale $550,000
Property Type Special
Property Size 7,752 SF
Lot Size 1.26 Acre
Date Updated Jun 3, 2026

Description

21-room motel

Excellent owner/operator opportunity

Convenient location off I-80, within 10 miles to Council Bluffs and the Omaha, Nebraska metropolitan area

Demand generators include I-80 traffic, casinos, golf courses, Jack Links plant, convention centers, concert venues and Henry Doorly Zoo

Only one of two hotel or motels within 13 miles

Well below replacement cost

Recent capital improvements and renovations

See agent for financials and other information

Contacts

Talia Swanson

CBRE

7/100 Car-Dependent
30/100 Somewhat Bikeable

Contact Listing Broker

Talia Swanson

CBRE

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Underwood Motel