1050 6th Ave | Des Moines, IA 50314
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1050 6th Ave
Des Moines, IA 50314
Holiday Inn Des Moines DTWN · Hospitality Property For Sale
·
146,074 SF
INVESTMENT HIGHLIGHTS
- 251 Rooms | 12 Stories | Des Moines Downtown Hotel
- Sub $45k Per Key | Sub 3x Room Revenue | T12 Aug 2023 Total Revenue $4,911,363
- Contact Broker: Jake Erickson @ Jake.erickson@marcusmillichap.com (952) 852 9721
- Unencumbered By Management | IHG 15 year Franchise
- Downtown Demand | Mercy Medical Center | Drake University | State Capitol
- Q1 2024 Transaction Target
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 12 |
| Property Subtype | Hotel | Year Built/Renovated | 1971/2018 |
| Building Class | B | Parking Ratio | 1.67/1,000 SF |
| Lot Size | 1.93 AC | Corridor | Interior |
| Building Size | 146,074 SF | ||
| Zoning | C-2 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.93 AC |
| Building Size | 146,074 SF |
| No. Stories | 12 |
| Year Built/Renovated | 1971/2018 |
| Parking Ratio | 1.67/1,000 SF |
| Corridor | Interior |
| Zoning | C-2 |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Restaurant
- On-Site Bar
- Indoor Pool
- Convention Hotel
- Meeting Event Space
PROPERTY TAXES
| Parcel Number | 030-05196000000 | Improvements Assessment | $7,000,000 |
| Land Assessment | $1,210,000 | Total Assessment | $8,210,000 |
PROPERTY TAXES
Parcel Number
030-05196000000
Land Assessment
$1,210,000
Improvements Assessment
$7,000,000
Total Assessment
$8,210,000
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