The Cresco Motel is conveniently located along State Hwy 9 near restaurants, a coffee shop, 24-hour convenience store, dollar store and liquor/ gifts. The surrounding neighborhood consists of well-kept residential homes and a great public school system. This 20-room property has a fully furnished 2-bedroom manager apartment, laundry room with 2 washers and dryers, garage and storage container. The large parking lot offers plenty of room for guests while being able to accommodate RVs and large trucks. The roof was replaced in 2017. All furniture, fixtures, cameras and supplies will stay with this turnkey business. Cresco is known as "Iowa's Year 'Round Playground" because of the variety of recreational activities available to our visitors and residents. Cresco also offers a strong economy with many long-term businesses and employment opportunities. Great investment opportunity and the current owners pride shows in this well-maintained motel.
The median home value in Cresco, IA is $206,000. This is higher than the county median home value of $144,600. The national median home value is $338,100. The average price of homes sold in Cresco, IA is $206,000. Approximately 57.87% of Cresco homes are owned, compared to 27.52% rented, while 14.61% are vacant. Cresco real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Cresco real estate agent to arrange a tour today!
Cresco, Iowa has a population of 3,872. Cresco is more family-centric than the surrounding county with 32.53% of the households containing married families with children. The county average for households married with children is 31.81%.
The median household income in Cresco, Iowa is $56,741. The median household income for the surrounding county is $60,387 compared to the national median of $69,021. The median age of people living in Cresco is 39.6 years.
The average high temperature in July is 82.3 degrees, with an average low temperature in January of 6 degrees. The average rainfall is approximately 35.6 inches per year, with 40 inches of snow per year.