This Hotel & Motel Property is Off-Market.

4685 Northeast 14th Street A and B
Des Moines, IA 50313 ·

139 Rooms · Hotel & Motel For Sale

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Baymont Inn and Suites PLUS Travelodge

Price N/A Cap Rate 7%
No. Rooms 139 Average Daily Rate $84
Building Size 65,000 SF RevPAR $75
Property Type Hotel & Motel No. Stories 2
Property Sub-type Full Service Corridor Interior
Property Use Type Investment Parking Ratio 90 / 1,000 SF
Listing ID: 18584285 Date Created: 02/27/2014 Last Updated: 05/21/2014

Description

Amazing properties; superior profits. Now accepting offers with negotiations to some extent, etc. Owner finally looking to sell as a package! These hotels are located next to major US interstates 80 (west and east) and interstate 235. These are full service hotels with all rooms featuring microwaves, refrigerators, coffee pots, flat screen TVs, iron with board, electronic safe deposit boxes, hair dryers, phones, glassware, remotes, alarm clocks, complimentary USA Today newspaper, and individual a/c and heaters! Baymont Inn and Suites contains 10 jacuzzi suites all in high demand especially during Valentine's Day and every major holiday. Also a great sell for weekends and regular customers! Japanese themed jacuzzi suites a must see! Others include: The Presidential Suite, Classic, Romantic, Japanese. Please visit Baymont's YouTube Channel at ... Three large meeting rooms and attached restaurant facing streetside! Guest laundry room, exercise room with TV, swimming pool with jacuzzi and bathrooms, ice machines, vending machines, and 3 lobby internet-connected guest computers. SO MUCH MORE. Please inquire by asking Cyndy Lauper on the right--

****Please be advised it is strongly recommended that hotel purchases close before summer season. Hotels are the busiest by summer, so please be aware this is good for the new owners.****

Both hotels are off exit 136 one block SOUTH of interstate 80 (14th street exit) .... Next to the popular Quiktrip gas station (very busy also), and a brand new truck wash. The surrounding parking lot for the hotels are extremely large and truckers find it very convenient to park and sleep inside the hotel. Signage and hotels are viewable from the freeway (freeway location) ...with a beautiful (and large) street marquee (billboard) with ability to change letters to whatever the owner wants to say! Two entrance signs for this hotel: one for street side guests, and other for viewing from street and freeway! Nearby many restaurants and attractions such as famous Iowa Prairie Meadows horse Race and Casino stop, Iowa Convention center about 5 miles.The number of hotel transactions is up by more than 50% for the first 6 months of 2013 over the comparable period last year, and is expected to top $18 billion for 2013, according to Jones Lang LaSalle.

Highlights

  • Attached restaurant (large) - View Youtube Tour of Jacuzzi Suites by clicking above link!
  • Very Large Parking space all around both hotels - enough for 20 semis
  • Quality, beautiful rooms with in-room fridge and microwaves, irons, coffee pots, hairdryers
  • Fitness Center, Hot Tub, Indoor Pool (All Year), Outdoor Pool (Spring and Summer)
  • 4 meetings rooms from small to VERY large!
  • 10 Specialized Best-Seller Jacuzzi Suites includes Japanese Jacuzzi suite!

Research

4685 Northeast 14th Street A and B, Des Moines, IA 50313 (Polk County)

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