1250 8th St
West Des Moines, IA 50265
Days Inn West Des Moines · Hospitality Property For Sale · 38,973 SF

With a great location directly off I-235, this Days Inn West Des Moines hotel has 66 rooms that have all benefited from the current owners recent reinvestment into the hotel. The offering of this fully renovated limited service, interior corridor hotel includes the fee simple ownership and lease income generated by the established Mexican Restaurant, El Fogon, located next door on the neighboring parcel. The hotel was built in 1978 with 1,650 square feet of event space, the hotel features 1 meeting room, which can be arranged to accommodate 100 conference guests. Ownership has invested upwards of $500,000 in recent renovations including all new mattresses and beds in guest rooms, new guest room windows, exterior completely updated, freshly resurfaced parking lot, new tile, & siding. The Hotel and Restaurant are on two neighboring parcels with two separate structures that share a parking lot. The offering includes both the Days Inn West Des Moines Hotel and El Fogon, 4,063 SF single tenant leased retail restaurant property. The restaurant was constructed in 1990 and since 2017, El Fogon has established itself as a local staple and is referred to as Thee Mexican Restaurant in the Des Moines area. This is an opportunity for an owner operator investor to procure a limited service hotel with a manageable 66 room count that has consistent room revenue shy of $1 million while capitalizing on the landlord interest of holding the retail restaurant lease next door. Located only 9 miles away from Des Moines International Airport and direct access off interstate 235.