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- LoopNet Team
3718 Douglas Ave
Des Moines, IA 50310
Royal Motel · Hospitality Property For Sale
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3,612 SF
INVESTMENT HIGHLIGHTS
- Centrally located within minutes from Des Moines downtown and Des Moines International Airport
- Fully renovated with new inventory and amenities in all rooms
- Single owner operated successfully since 2006
- Consistent short-term and long-term yearlong 100% Occupancy Rate
- Current property with only 12 rooms AS IS generates over 6 figure revenue annually
- Fully renovated Manager's Apartment
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 1 |
| Property Subtype | Hotel | Year Built/Renovated | 1949/2023 |
| Building Class | C | Parking Ratio | 3.32/1,000 SF |
| Lot Size | 0.18 AC | Corridor | Exterior |
| Building Size | 3,612 SF | ||
| Zoning | C-1 - Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 3,612 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1949/2023 |
| Parking Ratio | 3.32/1,000 SF |
| Corridor | Exterior |
| Zoning | C-1 - Commercial |
ABOUT 3718 DOUGLAS AVE , DES MOINES, IA 50310
The motel has a total of 12 rooms. 1 room is set up and as a motel laundry room. The property and all rooms have been renovated. Below some highlights of the motel upgrades: • Remodeled Manager Apartment • New Hardwood Floors in apartment • New Attic in apartment • New Appliances in apartment • New Building Roof • New Building Sidings • New Parking Lot • New Central HVAC system • New Water Heater • New Electricals - Wiring, Panels, Breakers • New wired and wireless CCTV & Security Cameras throughout property • New Laundry sets • New Snow Plover and other property maintenance tools • New Windows in all rooms • New Bath showers in all rooms • New Carpet in all rooms • New Lights in all rooms • New TVs in all rooms • Premium Cable Channels in all rooms • Phones in all rooms • High Speed Internet and Wi-Fi availability in all rooms • Convenient guest parking available in front of all rooms • 24/7 Motel front desk option • Auto Answering system for direct communication with motel guests • Electronic check-in system • Electronic Credit Cart payment processing options • Mix Use Guests - Long-term and Short-term - many have direct billing set up with government agencies / other businesses This is a small motel that has been successfully owner operated since 2006 by a single-family owner. The motel is fully upgraded with various renovations, current on all maintenance and upkeep, comes with attached owner apartment, and has a prime central location, and within 10 minutes of downtown Des Moines as well as the Des Moines international airport. 15 minutes to Wes Des Moines where there are many large corporations with options for IT and other employment opportunities.
PROPERTY TAXES
| Parcel Number | 100-09022000000 | Improvements Assessment | $72,000 |
| Land Assessment | $159,000 | Total Assessment | $231,000 |
PROPERTY TAXES
