An excellent redevelopment opportunity awaits at the former Lafayette Hotel in Clinton, IA. Considered eligible for historic tax credits. Throughout its 114 year history the Lafayette Hotel has been a fine, first class hotel as well as an 85 unit apartment complex with commercial space on the first floor. This property is ready for a developer to take advantage of the myriad financial incentives potentially available with this property. Contact the listing agent for details and to arrange a showing.
*This Payment Calculator is intended for educational and planning purposes only. **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.