Baymont by Wyndham 5015 Ridgeway Dr 45 Room Hotel Harlan, IA 51537 $2,300,000 ($51,111/Room) 11% Cap Rate

EXECUTIVE SUMMARY

Located southeast of the Highway 59/Highway 44 intersection Area neighbors include Bomgaars, Hy-Vee, The Buck Snort Restaurant, Farm Credit Services of America, Harlan Dental, Burger King, Pizza Hut.

PROPERTY FACTS

Price $2,300,000
Price Per Room $51,111
Sale Type Investment
Cap Rate 11%
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 2.17 AC
Building Size 10,885 SF
No. Rooms 45
No. Stories 2
Year Built 2008
Parking Ratio 4.87/1,000 SF
Corridor Interior
Zoning C - Commercial

AMENITIES

  • Pool
  • Meeting Event Space

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 15 $91.00 -
Guest Room 30 $81.00 -

PROPERTY TAXES

  • Listing ID: 35375883

  • Date on Market: 4/4/2025

  • Last Updated:

  • Address: 5015 Ridgeway Dr, Harlan, IA 51537