63 Bedrooms 63 Bathrooms

1402 N Walnut St, Colfax, IA 50054, USA

63 Rooms Colfax Inn value added Hotel

  • Total Investment $ 1,450,000

  • Indicative yields calculated based on property price and current and estimated rents. Historical results are not indicative of future returns. Long term returns will vary with market conditions. Please review risk warnings.

    Est. Property Acquisition Cost $ 1,250,000

  • Indicative yields calculated based on property price and current and estimated rents. Historical results are not indicative of future returns. Long term returns will vary with market conditions. Please review risk warnings.

    Est. Property rehabilitation cost $ 200,000

  • Minimum Investment $ 25,000

How much can you earn on this investment?


Estimate Total Investment

$ 1,450,000

Estimate Sale Price


Estimate Sale Costs

$217,000.00 7%

Estimate Gross Profit

Estimate Return on Investment (Total)


Vairt's Share (ROI)


Partners's Share (ROI)

Investment >= 25000: you will got 30% of profit share
Investment >= $50,000: you will got 40% of profit share
Investment >= $100,000 : you will got 50% of profit share



Total VairtVairtPartner

Estimate Purchase Price $ 1,250,000 $875,000$ 1,250,000

Estimate Rehab cost $ 200,000 $140,000$ 200,000

Estimate Total Investment$ 1,450,000$1,015,000.00$ 1,450,000

Estimate Sale Price $ 3,100,000 1,550,0001,550,000

Estimate Hold time2.0 Years

Estimate Sale Costs$ 217,000

Estimate Gross Profit$ 1,433,000716,500.00$1,003,100716,500.00

Estimate Management Fee$ 0

Estimate Net Profit$ 1,433,000716,500.00$1,003,100.00 716,500.00

Total Partner

Estimate Gross rent per year 126,000.00 $126,000

Estimate Service charges $ 0

Estimate Cost $ 22905

Estimate Property Management $ 0

Estimate Property Insurance / Taxes $ 22905

Estimate Net rent $ 103,095.00 $103,095

Estimate Net dividend income $ 103,095.00$51,547.50$51,547.50

Estimate Net dividend yield 7.11 %*3.56% 3.56

Only 2 decimal places shown. Calculation carried on actual numbers. Some rounding discrepancies may appear.

Property key info

Min investment amount
Number of investors
Suggested holding period
2.0 Years
Estimate Sale Price

Rental yields

Total Investment
Estimate Property Acquisition Cost
Estimate Property rehabilitation cost

Amenities View All

  • Pool
  • Free WiFi
  • Breakfast included
  • Parking included
  • Pet friendly
  • Air conditioning
  • Restaurant
  • Business services
  • Parking available
  • Laundry
  • Housekeeping
  • 24/7 front desk
  • Coffee/tea maker
  • Microwave
  • Refrigerator
  • Cable channels
  • TV
  • Desk
  • Free local calls
  • Laundry facilities
  • Microwave
  • Refrigerator

Property Detail

Hotel in Colfax with free breakfast and 24-hour front desk Coffee/tea in a common area, laundry facilities, and a 24-hour front desk are available at this hotel. Free continental breakfast, free WiFi in public areas, and free self parking are also provided. Additionally, a computer station, express check-in, and express check-out are onsite. All 60 rooms offer free WiFi, coffee makers, and flat-screen TVs with cable channels. Other amenities available to guests include free weekday newspapers, free local calls, and hair dryers. Colfax Inn offers 60 air-conditioned accommodations with coffee/tea makers and complimentary weekday newspapers. Flat-screen televisions come with cable channels. Guests can surf the web using the complimentary wireless Internet access. Business-friendly amenities include phones along with free local calls (restrictions may apply). Additionally, rooms include hair dryers and irons/ironing boards. Microwaves and refrigerators can be requested.


  • Check-in time starts at 3 PM
  • Express check-in
  • Minimum check-in age - 18
  • Check-out before 11 AM
  • Late check-out subject to availability
  • Late check-out fee: USD 10.00
  • Express check-out
  • Front desk staff will greet guests on arrival
  • Staffed front desk
  • Children are welcome
  • Rollaway/extra beds are available for USD 10.0 per night
  • Cribs (infant beds) are available for USD 10.0 per night
  • Pets allowed for an extra charge of USD 10 per night (maximum USD 250 per stay)
  • 2 per room

Location on Map

Located in Colfax, Colfax Inn is in a rural area. Trainland U.S.A. and Valle Drive In are cultural highlights, and some of the area's activities can be experienced at Neal Smith National Wildlife Refuge and Haunting at Farrar. Guests appreciate the hotel's quiet location.

For the last five years Atlanta has been among the top five metro areas in the nation for most net migration. Atlanta has the nation’s ninth largest GDP at $602 billion. Metro Atlanta is the ninth largest and one of the fastest-growing U.S. cities. Home to approximately 5.9M people in 2018, metro Atlanta experienced the fourth-largest population increase of all MSAs in the nation - an increase of approximately 663,000 people from 2010 to 2018. Since early 2018, Atlanta’s unemployment rate has remained below the national average. Private sector employment grew by 56,530 jobs in 2019, the highest increase since 2016. Thirty-one percent of Atlanta jobs are office-using, well above the national average (24%). Trade, Transporation & Utilities is the largest sector of the Atlanta economy at 21%, followed by Professional & Business Services (19%), Education & Health Services (13%), Government (12%), Leisure & Hospitality (11%), Financial Services (6%), Manufacturing (6%), Natural Resources, Mining & Construction (5%), Other Services (4%), and Information (3%).

Brokerage & Construction partner

Construction Partners

  • Coscob LLC

Property Management Partner

  • Marifah Inn

  • Create
  • Setup
  • Customize
  • Access

Select area(s) of intrest

Access to Dashboard

Need our help?

Only use this form if you're unable to complete this security check using another option it can take several days to get back into your account if you need our help.


we don't recognize this device

To keep your account secure, choose an option below.

I need help Next

Vairt Login

Liquidate Or Build your Real Estate Portfolio. Meet Vairt, a simple, secure real estate liquidation & investment platform.

Helpful links

We have sent you verification code on your email. Use this code to complete your email verification.

Resend Code Verify Account

Enter verfication Code

Verify Account

Enter verfication Code

Verify Code

Forgot Password


Get in touch

If you have any questions or comments, or if you would like to contact us for a qoute, please use the form below and we will get back to you as soon as possible