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4817 Fleur Dr
Des Moines, IA 50321
Motel/Extended Stay · Hospitality Property For Sale
·
25,744 SF
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1966/1997 |
| Building Class | C | Tenancy | Single |
| Lot Size | 1.77 AC | Parking Ratio | 4.97/1,000 SF |
| Building Size | 25,744 SF | Corridor | Exterior |
| Zoning | MX3 - Mixed Use District | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.77 AC |
| Building Size | 25,744 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1966/1997 |
| Tenancy | Single |
| Parking Ratio | 4.97/1,000 SF |
| Corridor | Exterior |
| Zoning | MX3 - Mixed Use District |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
ABOUT 4817 FLEUR DR , DES MOINES, IA 50321
This deal will go quick! It's a prime value-add opportunity and ready for redevelopment! A total of 100 rooms that includes one over sized 1-bedroom apartment for an onsite manager next to the office. It's at the corner of Fleur Drive & McKinley Avenue. Both are high traffic roads at a total of 34,000 VPD according to the Iowa DOT. The opportunities are endless here. It previously ran as a Motel 6 and in it's last full year of operations did near $1,000,000 in revenue! The location is great and at $19,500/door you couldn't get a better deal. Once you've done the math, you'll see that this deal can be a very high returning investment once turned around!
PROPERTY TAXES
| Parcel Number | 120-07269006000 | Improvements Assessment | $1,364,000 |
| Land Assessment | $736,000 | Total Assessment | $2,100,000 |
PROPERTY TAXES
