5220 NE 14th St | Des Moines, IA 50313
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- LoopNet Team
5220 NE 14th St
Des Moines, IA 50313
Budget Inn & Suites · Hospitality Property For Sale
·
51,325 SF
INVESTMENT HIGHLIGHTS
- Unique Investment Opportunity for Hotel-to-Apartment Conversion.
- Strong demand for rental housing in Des Moines.
- This offering includes a separately parceled .9 acre corner lot that can be immediately flipped after sale.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built | 1969 |
| Building Class | C | Tenancy | Single |
| Lot Size | 3.14 AC | Parking Ratio | 3.86/1,000 SF |
| Building Size | 51,325 SF | Corridor | Interior |
| Zoning | LB - Limited Business | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 3.14 AC |
| Building Size | 51,325 SF |
| No. Stories | 2 |
| Year Built | 1969 |
| Tenancy | Single |
| Parking Ratio | 3.86/1,000 SF |
| Corridor | Interior |
| Zoning | LB - Limited Business |
AMENITIES
- Pool
- High Speed Internet Access
- Public Access Wifi
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $641,400 | |
| Land Assessment | $794,100 | Total Assessment | $1,435,500 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$794,100
Improvements Assessment
$641,400
Total Assessment
$1,435,500
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